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The U.S. responded to the Russian invasion of Ukraine by imposing sanction measures targeting not only the core infrastructure of the Russian financial system but also the shipping industry. The US Department of Treasury’s Office of Foreign Assets Control (OFAC) expanded debt and equity restrictions on 13 main Russian enterprises. The impact on the freight . ....
Using Signal Ocean data, we analyse the trends and changes across the major vessel sizes in the dry and tanker freight market for 2021. This report provides data on demand, supply and how the latest developments determined the performance of vessels’ earnings. The year to date evolution in supply and demand paves the way for . ....