Mediterranean markets face ‘potential feeder containership shortage’

The impact of environmental regulations on an older fleet could tighten available tonnage in southern Europe, according to Daniel Richards from MSI. Dedicated newbuild contracting by regional Mediterranean owners will have to increase in the coming years to replace ageing vessels removed from the fleet as progressively tighter environmental regulations come into force. Read more at Splash247.com

Ultra-long-haul voyages boost VLCC prospects

Nearly six in 10 of all crude tanker voyages will be long or ultra-long-haul by 2026 in a boost for the earning prospects of VLCCs, according to new research.

The reshaping of global trade flows caused by Russia’s invasion of Ukraine is a key factor in the increasing voyage distances, said maritime research and forecasting consultancy Maritime Strategies International (MSI). Read more in Tradewinds