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Steps have been taken to manage the crisis, but relief remains limited Faced with supply concerns, the government implemented several emergency measures to manage the shortage. However, structural constraints mean …
About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
Assuming a complete supply blockade in Qatar, weekly losses will mount to 12 billion tonne miles, translating to 45 billion tonne miles if the supply cut is prolonged for a …
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We offer an independent equity research subscription service covering dozens of listed companies across all the main shipping sectors. As well as assessing the strategic, financial and operational position of …
A lifeline for feedstock supply The blockade of the Strait of Hormuz has not only disrupted the direct trade of chemicals but also severely affected the supply of key feedstocks, …
The blockade at the Strait of Hormuz following the escalating conflict in the Middle East has disrupted 40% of the global LPG supply. The disruption is particularly significant for Asian …
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Naphtha flows at risk; the situation could boost US and Indian exports The Strait of Hormuz accounts for about 1.2 mbpd of naphtha flows, with 72% destined for Northeast Asia, …
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In addition to cargo disruptions, vessel exposure is significant. Dry bulk vessels undertake approximately 7,000 transits through the Strait of Hormuz each year, underlining the scale of dry bulk exposure …
Nearly 40% of global LPG supply passes through the 34 km narrow passage annually, directly impacting importers such as India and China, which depend heavily on Middle East LPG supplies. …
While both Asia and Europe remain affected by the closure of the Strait of Hormuz—Asia more than Europe—the former accounts for over 80% of the total Middle East exports and …
Additionally, any sustained spike in crude oil prices would directly lift bunker fuel prices, as marine fuels are derived from refinery feedstocks linked to crude benchmarks. Higher feedstock costs would …
As of February 2026, over 60 LNGCs are idled/laid-up, of which steam carriers account for 70% of the total. Some owners are placing their ships in lay-up, hoping that the …
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Global LPG trade flows realigned in 2025, triggered by the US–China tariff standoff, and evolved into far-reaching changes in trade patterns and LPG supply dynamics. As Chinese buyers continued to …
About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
The concentration of tonnage with a single owner in such a strong market will make the freight market more volatile, as the recent surge in VLCC earnings above $130,000pd confirms …
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The divergence between FFA pricing and subsequent spot earnings underscores the extent to which market fundamentals tightened during the month. One of the primary drivers was strong demand-side dynamics. Drewry …
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The global newbuilding market peaked in 2010, delivering an aggregate 54 million CGT2 (compensated gross tonnage), but deliveries started declining thereafter due to supply overhang and weak markets across most …
About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
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Currently, Vale operates 67 Valemaxes on charter under long-term CoAs. In addition, Vale entered into a 25-year charter agreement with Shandong Shipping Corp in 2025, covering 10 new 325,000-dwt Guaibamax …
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About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
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About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
VLCC forward curve spikes on trade shift hopes China is the largest buyer of Venezuelan crude, with most volumes transported on VLCCs. Last year, only six VLCCs joined the fleet, …
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Conclusion As the world inches closer to the 2030 IMO GHG targets, Drewry has taken a reality check by analysing the IMO DCS 2024 data. While it is encouraging to …
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About Intra-Asia Container Index Drewry’s Intra-Asia Container Index (IACI) reports actual spot container freight rates for major intra-Asia trade routes. The Index, which will be updated weekly (from 02 Jan …
These developments, coupled with tightening margins, are expected to accelerate consolidation across the petchem sector and delay project timelines. For instance, China has already initiated a consolidation campaign targeting ageing …
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Lepidolite, while smaller in scale, is gaining importance as an alternative lithium source, particularly where spodumene deposits are limited or harder to develop. India has emerged as a major exporter …
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