Højere rater forventes – drevet af begrænset tonnage mod slutningen af 2024. Denmark, Copenhagen – 22 December 2024.   Aframax-markedet havde en blandet præstation denne uge. I UKC steg raterne en smule, da chartrene fokuserede på mere sikre rejseplaner op til jul. Samtidig hjalp aktiviteten i Middelhavet/Sortehavsområdet med at stabilisere markedet. Med højtiden nært forestående og begrænset tilgængelig tonnage kan raterne styrkes yderligere, da chartrene sikrer skibe i god tid. Selvom Q4-raterne underperformer på tværs af tanksegmentet, forudsiger Fearnleys en potentiel

Høyere rater forventes – drevet av begrenset tonnasje mot slutten av 2024 Denmark, Copenhagen – 22 December 2024.   Aframax-markedet hadde en blandet utvikling denne uken. I UKC (UK Continent) økte ratene da befraktere fokuserte på tryggere reiseruter før jul. Samtidig bidro aktivitet i Middelhavet/Svartehavsregionen til å stabilisere markedet. Med høytiden nært forestående og begrenset tonnasje tilgjengelig, kan ratene styrkes ytterligere etter hvert som befraktere sikrer skip på forhånd. Selv om Q4-ratene underpresterer i hele tanksegmentet, spår Fearnleys en potensiell rateøkning

IMO safety guidelines drawn to enable use of zero-emission – if toxic – fuel Denmark, Copenhagen – 22 December 2024.   The IMO’s Maritime Safety Committee has adopted new guidelines and lifted restrictions, allowing ammonia to be used as a fuel for ships, supporting the industry’s shift toward decarbonization in line with the IMO’s 2050 net-zero emissions target. Ammonia, a promising, carbon-free fuel, can achieve zero emissions if produced from green hydrogen or biological waste.The new guidelines designate certain areas of

23% rise in 2024 may dip – but no decline expected in 2025 Denmark, Copenhagen – 22 December 2024.   In November, China exported 548.6k cars, a 6.2% decrease month-on-month, but still reflecting a solid 4.7% year-on-year growth. Although we’ve observed some slowing in year-on-year growth in recent months, this is likely due to global car sales cooling, which naturally impacts export volumes, according to Fearnleys. Year-to-date, Chinese car exports have risen by 23%. Despite signs of freight rates easing, the

Limited availability driving rates this January – further rises expected Denmark, Copenhagen – 22 December 2024.   LPG freight rates surged this week, driven by increased activity in both the East and West. RT/C rates rose 21% week-on-week to USD 37,800/day, marking a nine-week high. According to Clarksons, the market is tightening due to limited vessel availability and a preference among charterers for larger ships, both factors driving rates higher. In the East, January fixing has begun following ADNOC’s (Abu Dhabi

Doubts remain over duration and efficiency of forthcoming U.S. sanctions Denmark, Copenhagen – 22 December 2024.   The U.S. is preparing harsher sanctions on Russia’s oil trade, according to Bloomberg. The aim is to pressure the Kremlin economically. Details are expected soon, including potential measures against shipping fleets. Questions remain, however, about the effectiveness of such sanctions, especially given China’s continued purchases of sanctioned Iranian oil, and whether a Trump-led administration would follow the same approach. Russian crude exports, excluding CPC,

Higher rates expected – driven by limited tonnage before Christmas​ Denmark, Copenhagen – 22 December 2024.   The Aframax market had a mixed performance this week. In the UKC, rates saw a slight increase as charterers focused on safer itineraries ahead of Christmas. Meanwhile, activity in the Mediterranean/Black Sea region helped stabilize the market. With the holiday season approaching and limited tonnage available, rates could strengthen further as charterers secure vessels in advance. Although Q4 rates are underperforming across the tanker

United States Ambassador to the Kingdom of Denmark Alan Leventhal visits European Maritime Finance new Copenhagen office Denmark, Copenhagen – 18 December 2024.   European Maritime Finance had the pleasure to host Ambassador Leventhal in their new offices. The offices are located in the former Maersk Global Headquarters.  Ambassador Leventhal recognized European Maritime Finance efforts leading sustainability in shipping and talked about the importance of the relationship between the United States and Denmark. Denmark and the United States have enjoyed a

Copenhagen, 11 October 2024 – The meeting was held at Sølyst, the Denmark Royal Hunting Club which was founded in 1443. European Maritime Finance lead the Zero Carbon Shipping Conference for their recently launched Green Harmony funds.  The funds include three 88,000 CBM Class LPG Dual Fuel LPG/Ammonia Carriers. The funds are designed to promote sustainability and combat climate change, operating on CO2-free fuel and supply green ammonia to other industries. This approach sets a new standard for the maritime industry aligning with sustainability goals. Participants included EMF’s Chief