Okeanis Eco Tankers sees profit slump 38% as revenue dips
Top line slides by 7.1% as Greek tanker owner trims dividend
Okeanis Eco Tankers sees profit slump 38% as revenue dips Read More »
February 2025
Ship Recycling Market Still Facing Challenging Conditions
The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship recycling market remains weak and sluggish, with low demand and…
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New Report Shows That Green Shipping Corridors Will Need Additional Support Under A Global Fuel Standard
Under current and prospective policies from the IMO, EU, and US, the business case for green shipping corridors could improve markedly – but not sufficiently – according to a new report published by UMAS, UCL and the Global Maritime Forum (…
Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports
The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be directly linked to the severe disruptions caused by Cyclones Sean and Zelia. These extreme weather events led to temporary port closures, infrastructure damag…
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Teekay Tankers reports slimmer-than-expected earnings dip and offloads LR2
Outfit sees weaker spot rates but EPS comes in above analyst expectations
Teekay Tankers reports slimmer-than-expected earnings dip and offloads LR2 Read More »