The newbuilding ordering activity has been lower over the course of the past week, as is the case, traditionally, during the Festive period. In its latest weekly report, shipbroker Allied Shipbroking said that “this week showed a considerable decrease …
Newbuilding Activity Declines as Holiday Season Approaches Read More »
2022 saw a record boom in crude and product tanker freight rates. Geopolitical tensions between Russia and Ukraine reshaped the macroeconomic scene and we entered a new era of changed seaborne oil trade flows. December 5, 2022, was the day the new era …
Crude Tanker Market Ends 2022 on a High Read More »
Latsco Shipping has recently expanded into containerships by taking delivery of two 2,000TEU containers built at Imabari Shipyard, Japan. The MARLA Tiger was delivered in September and the MARLA Bull in November 2022. The vessels will be managed in-hou…
Latsco Shipping expands into containerships Read More »
The Greek shipping fleet is expected to continue its upward trend in 2022 and 2023 across all sectors, even allowing for higher scrapping, Petrofin Research said in a report issued yesterday, detailing the course of the shipping sector in Greece, both …
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, LNG rates peaked at a record high of 466,524 USD/Day from the Baltic Exchange BLNG1g assessment, pushing up LN…
An Overview of the LNG Market Read More »