Crude oil exports from Türkiye have maintained their downward trend during the first five months of 2024, established since the start of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for c…
Crude Oil Exports from Türkiye Down This Year Read More »
Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice feeling when you perceive that things start to look better. Based on Drewry data, we are reaching this stage: carriers are adding new services or reinstat…
Finally, carriers add more loops, cancel fewer sailings Read More »
The Bahamas Maritime Authority (BMA) was especially pleased to take part in the Posidonia Conference and Exhibition this year as it coincided with the 10th Anniversary of the opening of its Greek office in 2014. At the time, it was the only Flag with s…
The Bahamas Maritime Authority’s Greek office reaches a ten-year milestone Read More »
The tanker market is expected to remain quite healthy and profitable not only in the short to medium term, but also in the long term as well, even after 2030. In its latest weekly report, shipbroker Xclusiv said that “based on the June’s IEA market rep…
Tanker Rates Could Remain Elevated Even After 2030 Read More »
This week’s data underscores the declining trend in VLCC ballast speeds during the summer season, coinciding with a weakening trend in AG-China freight market rates throughout June. Since mid-May, there has been a noticeable strategy among indust…
Dirty crude oil flows to China Read More »