Analyst Greg Lewis says production is up and demand is firming, suggesting the VLCC rate recovery is underway
‘Worst is in the rearview mirror’: BTIG upgrades International Seaways as VLCCs rise Read More »
Low recycling prices for vintage tonnage are expected to hinder any increase in the number of units sold over the next few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “we are trying to establish from where a concessi…
Summer “Lull” Ahead for Ship Recycling Read More »
The Russia-Ukraine war and sanctions on Russia’s refined products have created a void in the European market, which is counterbalanced largely by South Asia. The product tanker sector has been gaining from the ongoing geopolitical tensions as a sudden …
Geopolitical tensions redefine the new normal for product tankers Read More »
SEEMP Part III represents the International Maritime Organization’s decarbonisation ambitions. The regulation requires ships of at least 5,000 GT and which trade internationally, except passenger ships, to have a verified Ship Energy Efficiency M…
Why it’s time to act on SEEMP Part III Read More »
Stock held by Carnival Corp and Royal Caribbean Group has plummeted by about 60% since the second quarter began
Cruise shares ‘diverge’ from sector’s recovering booking performance Read More »