The ship recycling has been on a rise last week, with India as the standout performer. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “India’s ship recycling market is improving, driven by r…
Ship Recycling Market Picking Up the Pace Read More »
Container prices in China are experiencing significant volatility, with rates changing rapidly within just a few days. The average container prices in China have already reached around 2500-2700 USD (40 ft high cube, cargo worthy containers) as a resul…
When I joined GTMaritime in September 2022, the growing prevalence and massive potential of low-Earth orbit (LEO) satellite networks was already a major topic of discussion in the maritime community. Eighteen months later, the subject has come to domin…
GTMaritime sees cybersecurity as decisive for data-driven opportunities Read More »
Bank ship finance for Greek shipping has decreased during 2023 by 2%, Petrofin Research said in its latest annual report. The overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide as of 31/12/2023 are down to $5…
Greek Financing Down 2% in 2023 at 50.9 Billion USD Read More »
Tanker ordering levels have increased during the first few months of 2024. So far this year, 104 Tankers have been added to the global orderbook, up from 79 for the same period last year, representing a year-on-year increase of c.32%. Values for Tanker…
Tanker Orders Increase 32% Year-on-Year Read More »