Europe needs to understand the strategic importance of Greek shipping as the owner of 59% of the EU fleet, especially in times when shipping can play a crucial role in the continent’s scramble for energy independence, said Melina Travlos, President of …
The tanker and energy markets are bound to face a changing tide, from the wave of measures which the EU and Britain agreed to in recent days. In its latest weekly report, shipbroker Intermodal noted that “tide and time wait for no man, and certainly ma…
EU’s Ban on Russian Oil Imports and Insurance Expected to Change the Tanker Market Read More »
More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering market, due to the double whammy of the geopolitical crisis and the uncertainty surrounding the r…
For the first time this year in May, the average container prices globally have soared month on month at an average of 5.4% (from $2207 to $2330) for the 20 ft DC and by 15% (from $3800 to $4410) for 40 ft HC. However, the average container prices and …
Global average monthly container prices increase for the first time in 2022 Read More »
Which is the existing pattern in the relationship between tankers and dry bulk carriers? In its latest weekly report, shipbroker Allied Shipbroking noted that “the extent to which the dry bulk and tanker markets are correlated has always been a topic o…
Tankers Vs Bulkers: Two Sides of the Same Coin? Read More »