Tanker newbuilding have gone up by about 50% on average, since 2020. In its latest weekly report, shipbroker Xclusiv said that “following the previous week’s analysis on dry bulk values, we now focus on analysing the tanker price evolution over the pas…
Tanker Newbuilding Prices Up 50% Since 2020 Read More »
VesselsValue unveils this year’s top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan’s resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kon…
During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting through the …
Cargo volumes in Red Sea area drop 21% due to attacks on ships Read More »
The shipping industry inclusion in the EU ETS market is a game changer for its operations moving forward. In its latest weekly report, shipbroker Intermodal said that “throughout 2023, the EU ETS market navigated through a year of remarkable volatility…
Shipping: Navigating the EU ETS Market Challenge Read More »
The Red Sea has emerged as a key focal point of geopolitical tension. Houthi militants in Yemen are employing sophisticated weaponry, including hijacks, ballistic missiles, anti-cruise missiles and drones to target international shipping routes. These …
Charting the course: How the shipping industry is adapting to tensions in the Red Sea Read More »