Gabon, Lucina Oil Terminal - Weather and Sea conditions
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Demand
We forecast that crude tanker cargo volumes will grow 1.0-2.0% year-on-year in both 2024 and 2025. The average sailing distance is predicted to increase 7% in 2024 due to ships avoiding the Red Sea and the Suez Canal but fall approximately 5.5% in 2025 as we assume that ships may be able to return... Please follow the link to continue reading.
Dry cargo market report dated 12 January 2024
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Dry cargo market report dated 10 February 2023
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Dry cargo market report dated 15 September 2023
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Dry cargo market report
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Dry cargo market report dated 20 May 2022
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Germany, FR of - Freight tax
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Anti-piracy collaboration in Gulf of Guinea is gradually firming up
International support for anti-piracy operations in the Gulf of Guinea by non-regional navies is growing. BIMCO strongly supports the efforts and is committed to stimulating discussions and finding solutions to repress piracy in the region. A recent plenary meeting saw support from many nations in ... Please follow the link to continue reading.
Macro environment
Houthis have continued to attack ships in the Red Sea and the Gulf of Aden. At the time of writing, 62 ships have been attacked and the ship capacity transitting the Suez Canal is 90% lower than last year. The combined volume via the Suez Canal and the Cape of Good Hope is, however, on par with last... Please follow the link to continue reading.
