Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek renaissance is on the cards after the completion of the consol…
Posidonia 2024 marks the rebirth of the Greek shipbuilding industry Read More »
The dry bulk fleet has aged as a result of minimal scrapping activity of late. In its latest weekly report, shipbroker Xclusiv said that “during Q1 2024, a total of 1.77 million DWT of bulk carriers and tankers were demolished. This is increased compar…
Bulker Fleet Ageing As Demolition Activity Slows Down Read More »
With marine insurance being an important component of vessel operating costs, we have done a review of the latest trends in P&I and H&M as part of the assessment for Drewry’s upcoming Ship Operating Costs report. Protection & Indemnity – ma…
The Red Sea crisis continued unabated during March with the frequency and intensity of attacks at a high level for almost the entire month, although attacks from the Houthies did seem to enter a pause towards the end of March. It also became a month wh…
FBX Index April 2024: No Red Sea solution in sight Read More »
The tanker market is destined for further growth, as a supply/demand imbalance and geopolitical tensions, keep fuelling its further growth. In its latest weekly report, shipbroker Intermodal said that “the tanker shipping market is navigating through a…
Tankers Primed For Further Growth Moving Forward Read More »