CRW Report : Suezmax Demand Remains Active

Credit : trust company
VLCC

An active period in all sectors and classes with TD3 increasing over fifty-five percent, TD15 up almost fifty percent and TD22 pushing towards the $10 million level. An influx of inquiriesleft charterers with fewer choices and owners looking to capitalize on the smaller supply of available tonnage. In the Arabian Gulf, charterers were actively finishing up their October cargo programs, ahead of the next week’s release of November stem confirmations. While in the...

https://mfame.guru/crw-report-suezmax-demand-remains-active/

CRW Report : Suezmax Demand Remains Active

Credit : trust company
VLCC

An active period in all sectors and classes with TD3 increasing over fifty-five percent, TD15 up almost fifty percent and TD22 pushing towards the $10 million level. An influx of inquiriesleft charterers with fewer choices and owners looking to capitalize on the smaller supply of available tonnage. In the Arabian Gulf, charterers were actively finishing up their October cargo programs, ahead of the next week’s release of November stem confirmations. While in the...

https://mfame.guru/crw-report-suezmax-demand-remains-active/

Allied Weekly Shipping Market Report – Week 37,2023

Credit: world wide market reports
Markets at a glance:

Newbuilding market — The quietest week for reported transactions so far this month, although news broke of several options being declared from dry bulk orders seen in recent months. Interest in the tanker sector remained more consistent week on week thanks to five vessels ordered at Chinese yards, including an MR order at the recently troubled Sainty Shipyard.

Secondhand market — In the dry bulk sector, the flow of transactions prevailed...

https://mfame.guru/allied-weekly-shipping-market-report-week-372023/

Fearnleys Weekly Report – Week 38,2023

Credit: world wide market reports
Tankers

VLCC

A week for the owning community to savour. With a tightening position list and charterers looking to cover the start of their October program, MEG rates have ticked up. A solid WS 41 paid to Taiwan early this week shows modern tonnage can push when needed. Next done, pick a number in the WS 40’s. Older/disadvantaged tonnage may offer an escape valve, but they are increasingly in short supply, as we have seen ex dd’s quickly picked off by those who...

https://mfame.guru/fearnleys-weekly-report-week-382023/

Bancosta Weekly Market Report – Week 37,2023

Credit: world wide market reports
Turkey crude oil exports

2023 so far has been another positive period for crude oil trade,despite the high oil prices and risks of economic recession.

In Jan-Aug 2023, global crude oil loadings went up +7.0% y-o-y to 1,440.7 mln tonnes, excluding all cabotage trade, according to vessels tracking data from Refinitiv.

This was well above the 1,346.5 mln tonnes in Jan-Aug 2022 and the 1,240.3 mln t of Jan-Aug 2021, but also slightly above the 1,397.3 mln tonnes in the...

https://mfame.guru/bancosta-weekly-market-report-week-372023/

Weberseas Weekly Market Intelligence Report – Week 36,2023

Credit: world wide market reports
Sustainability

Eastern Pacific Shipping signed MoUs on development of the world’s first ammonia. Ammonia dual-fuel engines will be fitted in a fleet of EPS-managed Newcastle Maxes and Very Large Ammonia Carriers slated for delivery from 2026 onwards. Eastern Pacific Shipping, MAN Energy Solutions, HD Hyundai Heavy Industries Co., Ltd., and yards from the China State Shipbuilding Corporation announced collaboration on the development of an ammonia burning engine...

https://mfame.guru/weberseas-weekly-market-intelligence-report-week-362023/

Allied Weekly Shipping Market Report – Week 33,2023

Credit: VVBlog
Markets at a glance:

Newbuilding market — Despite the typical sluggish momentum around this time of the year, newbuilding market moved on a relatively strong pace as of the past couple of weeks, given the numerous orders coming to light during the same time frame. Tanker sector prevails as the leading figure at this point, with fair interest being present across the different size segments. On the other hand, dry bulk sector moved on an uninspiring track, reflecting somehow some of...

https://mfame.guru/allied-weekly-shipping-market-report-week-332023/

Future-Proofing Marine Efficiency: Market Insights

Credit: Sascha Hormel/Pexels

Worldwide Market Reports (WMR) has released its latest market research report titled “Marine Vessel Energy Efficiency Market Report 2023.” This comprehensive report provides valuable insights and strategic recommendations for businesses in the marine vessel energy efficiency sector. It covers market trends, competitive landscape, consumer behaviour, and technological advancements. The report serves as a valuable resource for industry players, helping them stay ahead...

https://mfame.guru/future-proofing-marine-efficiency-market-insights/