Greek-controlled bulker on fire after gunfire exchange with attackers as Red Sea lull breaks
Security incident comes after vessels warned to exercise caution in the waters near Yemen
July 2025
Tanker Market: Iraq Crude Oil Exports Down So Far in 2025
Iraq crude oil exports have kept on retreating during the first five months of 2025, continuing the downward trend of 2024 at a heightened pace. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loading…
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Ship Financing: Greek Banks Emerging as Major Players With a Market Share of 6.1%
Greek banks have emerged as key members of the global ship financing market, with a growing market share and a portfolio of $18 billion by the end of 2024, an impressive annual increase of 18%, according to the latest annual report on global ship finan…
Ship Financing: Greek Banks Emerging as Major Players With a Market Share of 6.1% Read More »
Weekly Tanker Market Monitor: Sudan Crude Oil Exports via Bashayer
Since late April 2023, Sudan has been gripped by an internal conflict between the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF), which has significantly disrupted crude oil exports via the Bashayer terminal. Although most of the crude,…
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Navios Partners tears up contracts with VS Tankers after US sanctions
New York-listed shipowner has contract clauses allowing it to end bareboat deals
Navios Partners tears up contracts with VS Tankers after US sanctions Read More »