Tanker
The Big Picture
MR freight outlook
At the height of COVID in late 2020, building a new MR at a Korean yard would cost around $32m. Today it is $46m. A modern second-hand unit could be bought for around $26m.
Today it is $42m. Chartering a modern MR for one year would have cost $14.5k/day. Today, $29k/day. Even the three-year rate has risen from $16k/day to $24.5k/day over the period.
Container
Demand update
Negative trade growth in 2023
September 14
Container
Fleet update
Intra-Asia & Asia Europe lead NB deployment
September 07
Dry cargo
Steel sector signals in China
September 07
Dry cargo
Indian coal import growth proves elusive
August 31
Dry cargo
US grain effect
August 24
Tanker
Oman’s Duqm refinery loads first ULSD cargo
September 20
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Tanker
European diesel imports from East of Suez surge
September 20
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Tanker
India to remove cabotage rule to encourage coastal shipping
September 20
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Tanker
China's crude imports and product exports increase in August
September 12
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Tanker
Mexico’s Olmeca refinery produces its first gasoline
September 12
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Tanker
Storm hits Libyan oil exports
September 12
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Tanker
Oil workers shut Nigerian terminal to protest
September 12
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Tanker
Refineries in Russia cut runs in early September due to refinery maintenance
September 12
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Tanker
India crude imports decrease in August
September 08
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Tanker
Bulgaria and Czech Republic prepare to stop Russian crude imports
September 08
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