Summer Lull Hits Newbuilding Market

It was inevitable that at some point during the summer, the newbuilding activity would quiet down.

Demolition market headed for summer lull

After a few weeks of subdued activity, it seems that the ships’ demolition market has started to be active...

Asia Fuel Oil-Refining margins resume their climb ahead of rising summer demand

Fuel oil refining margins extended their gains on Tuesday which rose to some their highest levels since at least...

FFA Market: Set for a hot, short summer?

Another perplexing week in the freight market, with the big ships determined to see the summer out on a high and panamaxes trying to find stronger direction. ...

European shipping market sees summer slowdown & global market outlook

European shipping rates remain steady in mid-July, but market activity has slowed, sources said.

G6 Alliance shakes up transpacific services for summer

The G6 Alliance has pulled two of its Asia-US West Coast services, with APL continuing one service independently, under changes implemented...

Costly crude and diesel glut spoil summer for Europe’s refiners

Caught between soaring crude prices and collapsing diesel profits, European oil refiners are...