Despite floods in November, the Australian wheat production estimate for the 2022/23 marketing year (July 2022 to June 2023) has been increased by the United States Department of Agriculture (USDA). Australian wheat exports could rise 9.8% this marketi…
Australia on track for new harvest record and 9.8% jump in wheat exports Read More »
The newbuilding market has picked up pace this week, with more orders being reported. In its latest weekly report, shipbroker Allied Shipbroking said that “the first full week of December brought a second healthy week of new orders. Good earning potent…
Newbuilding Ordering Activity Picks Up Pace Read More »
Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer. Rates for these tankers, known as clean …
EIA: Tanker rates for refined petroleum products reach multiyear highs during 2022 Read More »
The shipping industry can overcome geopolitical challenges and thrive, said the Institute of Chartered Shipbrokers Greek Branch at its 17th Annual Forum. The recent event, ‘Moving Forward with the World in Turmoil’, was held on December 7 a…
ICS says shipping will overcome challenges and thrive in 2023 Read More »
The ship recycling market has had a positive week after a long time, thanks to a renewed supply of vintage tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has seen a strong supply of smaller container units …
Ship Recycling: Small Container Ships Sold for Scrap Read More »