Middle Eastern politics are having zero effect on miserable tanker markets. All the Baltic Exchange crude oil tanker indices are negative. VLCCs have been below zero all year.
Newbuilding orders are flowing in…have traditional banking principles been abandoned?
Shipyards may end up cancelling orders from non-performing owners.
It’s the best year ever in liner shipping as Maersk’s results demonstrate.
But 277 container ship orders so far this year suggest the seeds of this boom’s destruction are being sown.
Get my 50,000 word report, Shippingâs Energy Transition and Investment Timing for just £99 (plus VAT while applicable).Â
It has two important updates
1.   A review of the EUâs Fit for 55 proposals 2.   Analysis of the CO2 taxed costs of different marine fuels
Click here, but donât delay because the price will go back up when I get home from holiday.
MORE SUMMER SALE
Get your hands on our coveted Dry Cargo Market Outlook quarterly report for just £99.Â
Normally, these are £500 a go or £1,800 a year for subscribers.Â
But as it’s Holiday season, you can view the latest edition, with in-depth analysis of why the Handy market has been so hot, plus a multi-year freight market forecast for Capes, Panamaxes, Supras and Handies, for £99, but only for a limited time. Click here for yours
