Rising ownership concentration: What it means for the VLCC market

Sinokor Merchant Marine has swiftly established itself as a major operator in the VLCC segment, acquiring more than 50 second-hand vessels while also adding substantial tonnage through time-charter arrangements. The expansion has reportedly been financed through a $2.5–3 billion exit from its container shipping business, with proceeds strategically redeployed into the crude tanker market. The …

Rising ownership concentration: What it means for the VLCC market Read More »

Panamax Freight view – Indonesia Thermal Coal to India

This week’s focus highlights the softening trend in TSOP data flows for Indonesian thermal coal shipments to India, particularly within the Panamax vessel segment, toward the end of February. The deceleration in shipments coincided with adjustments to Indonesia’s reference coal pricing. The Indonesian Ministry of Energy and Mineral Resources (MEMR) lowered the mid-month Harga Batubara …

Panamax Freight view – Indonesia Thermal Coal to India Read More »

The EU Maritime Services Ban That Didn’t Pass: Implications for Russian Trade

A Sanctions Escalation That Stalled The European Union’s proposed maritime services ban on Russia was expected to mark a structural escalation in sanctions enforcement. Instead, EU ministers failed to reach an agreement, delaying the adoption of the bloc’s 20th sanctions package after opposition led by Hungary, with at least one other member state also reported …

The EU Maritime Services Ban That Didn’t Pass: Implications for Russian Trade Read More »

Scroll to Top