Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean, despite the absence of its own reserves. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has bee…
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean Read More »
At the London International Shipping Week headline conference, Yana Popkostova, the founder and managing director of the European Centre for Energy and Geopolitical Analysis, delivered a speech that delved into the complex relationship between geopolit…
Geopolitics, decarbonisation, and shipping’s future Read More »
Ships play a crucial role in global trade, transportation, and exploration. However, their operations are inherently exposed to various risks, ranging from maritime accidents to piracy, war and environmental hazards. Implementing effective risk prevent…
Possible Strategies for Risk Prevention on Maritime Assets Read More »
The dry bulk market has been on a growth “spree”, as a number of disruptions in key waterways have had an impact on tonnage availability. In its latest weekly report, shipbroker Xclusiv said that “the midsize dry bulk segments have reached 4-month high…
Dry Bulk Market: “Rising Tides” as Water Levels Drop in Various Hubs Read More »
Newbuild contracting activity during the past five years has been low at about 5.46 million DWT per year. In addition, the product tanker order book hit a low of 9.67 million DWT in December 2022, the smallest order book since June 2001. Due to the low…
Year-to-date product tanker newbuild contracting hits 10-year high Read More »