Industry Leaders Discuss Tanker Market Trends

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The Baltic Exchange hosted its annual Tanker Forum in Dubai, attracting over 140 industry professionals. The event, held during Bahri Week, focused on the latest developments and trends in tanker and gas shipping, including regulatory updates and market insights, reports Baltic Exchange.

New Assessments 

The day kicked off with an update from Janet Sykes, Baltic Exchange’s Chief Commercial Officer, who provided valuable insights into the Baltic Exchange’s latest initiatives, including the introduction of new assessments for the chemical and vegetable oil sectors. Following this, Matthew Cox, Benchmark Production Head at Baltic Exchange, led an interactive discussion on the Baltic Indices, offering an in-depth look at their production and the critical role they play in shaping the tanker market.

The forum continued with a compelling panel discussion on the implications of new emission regulations, including the IMO and FuelEU initiatives. Moderated by Martin-Crawford Brunt, Emissions Lead at Baltic Exchange, the panel featured Jasmin Fichte, Managing Partner at Fichte & Co; Jaideep Vohra, Fleet and Drydocking Director at Bahri Ship Management; and Martin Rowe, Vice President at Anglo-Eastern Ship Management. The session provided attendees with key insights into the regulatory landscape and its impact on the global tanker industry.

Ioannis Papadimitriou, Lead Freight Analyst at Vortexa, concluded the morning’s sessions with a comprehensive presentation on the fundamentals of freight and commodity markets, focusing on both tankers and gas.

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Source: Baltic Exchange