The shipping market stands to benefit from falling oil prices, as fuel oil costs will diminish as well, while the dry bulk segment in particular could enjoy further tailwinds. In its latest weekly report, shipbroker Xclusiv said that “Asia’s seaborne i…
In recent months, the global oil market has experienced notable shifts, particularly in the dynamics of dirty tanker flows from the Arabian Gulf (AG) to both Europe and the Far East/India. These changes are intricately linked to fluctuations in crude o…
Tanker Market Monitor: Dirty Oil Flows from AG Read More »
“We estimate that coal shipments to China will show a 15% fall y/y during the first quarter of 2025, reaching a three-year-low. Seaborne cargoes have slowed due to weaker domestic demand and higher competition from domestic supplies and overland import…
BIMCO: Chinese coal imports expected to fall 15% to three-year-low Read More »
The ship recycling market has been sluggish over the past week, but sentiment could be shifting optimistic soon. In its latest report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling markets across India, Ba…
Ship Recycling Remained Sluggish, But Cautious Optimism Could Be the Case Soon Read More »
The President of the Union of Greek Shipowners (UGS), Ms Melina Travlos, and members of the UGS Board of Directors met today with the European Commissioner for Sustainable Transport and Tourism, Mr Apostolos Tzitzikostas, in Brussels to confirm the con…