Tanker Values on the Rise

Tanker Values on the Rise

Astronger tanker market over the course of the past few weeks, has helped increase prices for tankers as well. In its latest weekly report, shipbroker Gibson said that “amidst widespread price increases, it is not surprising that tanker asset values have also been rising. Our data shows a strong appreciation in VLCC and Suezmax values, […]

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Tanker Values Post Significant Gains

Tanker Values Post Significant Gains

The tanker market has posted significant gains so far this year, which has also been translated in value increases. In its latest weekly report, shipbroker Allied Shipbroking said that “the rapid recovery noted in the crude oil freight market has sent asset prices soaring over the past 2 months. Since the onset of the conflict […]

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Ship Owners Are Loading Up on Tankers and Gas Carriers

Ship Owners Are Loading Up on Tankers and Gas Carriers

Shipowners’ buying interest towards the tanker and LNG sector has increased considerably, over the course of the past few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “given the robust flow of fresh projects coming through as of late, we can argue that newbuilding market remained on a sustainable orbit for yet […]

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Tanker Prices Reach 10-Year Highs

Tanker Prices Reach 10-Year Highs

Tanker values have surged to decade highs, on the back of strong earnings in the spot market. In its latest weekly report, shipbroker Gibson said that “over the past few years tanker owners have watched containership values surge to unbelievable levels, whilst their own values have struggled against a backdrop of weaker transportation fuel demand […]

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Tanker Market In Crossroads

Tanker Market In Crossroads

The tanker market is facing significant crossroads in the weeks and months to come. In its latest weekly report, shipbroker Allied said that “the crude oil tanker market has managed to make successive gains these past few months, with a fair improvement having been noted in freight rates across all the different size segments since […]

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Shipping’s Decarbonization: A Real Prisoner’s Dilemma

Shipping’s Decarbonization: A Real Prisoner’s Dilemma

Decarbonization is posing a real prisoner’s dilemma* for shipping: how can we overcome individual company incentives in favor of the common good? Economic theory teaches us that regulation is one way out of the prison: by altering present-day incentives, behavior can shift rapidly. Unfortunately, this is not happening fast enough. The Paris Agreement was signed […]

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Navigating decarbonisation

Navigating decarbonisation

The maritime industry is changing and transitioning to meet the global targets for decarbonisation. This page provides an overview and helps you navigate a changing landscape.   The IMO has set clear targets for shipping to reduce its carbon emissions. By 2030, the goal is to reduce CO2 emissions by at least 40% (compared to […]

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EEXI: Achieving Vessel Compliance

EEXI: Achieving Vessel Compliance

The International Maritime Organisation’s (IMO) attempts at curbing the emissions of Shipping have been in the headlines for nearly a decade. Their flagship policy, EEDI (Energy Efficiency Design Index), has laid the way for a host of acronymic additions to its regulatory roster, including EEXI (Energy Efficiency Existing Index), CII (Carbon Intensity Indicator), and SEEMP […]

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Tankers Still Have a Long Lifeline Ahead of Them

Tankers Still Have a Long Lifeline Ahead of Them

The tanker market is expected to keep on growing over the course of the coming years, until we hit the so called peak oil demand, after which it should be a constant state of decline. In its latest weekly report, shipbroker Gibson said that “the current spike in global oil prices and a tight supply […]

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