US sanctions hit Russian tankers once involved in Iran trades
US blacklistings were prompted by Russian troops entering Ukraine, but touch on ships moving Iranian oil
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February 2022
Cruise majors drop mask mandates for US sailings
Several cruise shipowners join CDC’s voluntary Covid-19 safety programme in effort to prevent further virus outbreaks
Cruise majors drop mask mandates for US sailings Read More »
Ship Owners Reluctant to Commit to More Newbuildings
Ship owners have remained coy when it comes to placing a large number of newbuilding orders during the past week, as has been the case of late. In its latest weekly report, shipbroker Allied said that “the ship newbuilding market continued on an uninsp…
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Higher cost, higher pressure, but lower Methane slip sees MAN’s ME-GI bounce back
2021 was a record year for LNG carrier new orders with 86 60,000+ CuM ships placed. This comfortably beats the previous record in 2014 when 64 ships were ordered (even if 10 ships announced by Qatar, but not confirmed by South Korean yards aren’t count…
Higher cost, higher pressure, but lower Methane slip sees MAN’s ME-GI bounce back Read More »
Global Trade Outlook 2022. High global trade volume growth in 2021 and significant moderation in 2022. Supply chains disruption is likely to continue in the first half of 2022
2021 was the second year of the ongoing COVID-19 pandemic, marked by rapid recovery from the dramatic 2020 resulting from the initial outbreak in Q1 2020. Q2 of 2020 proved to be the worst quarter for global trade on record, but the situation started t…