Things could be set for a lengthy period of subdued activity, when it comes to the market for recycling old ships. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “we may be on the cusp of a change in market direction as the la…
Ships’ Demolition Market Quietens Down Read More »
Effectively addressing climate change is possibly the greatest challenge of our time. In 2015 world governments agreed in Paris that global temperature rise must be limited to well below 2ºC, while aiming for 1.5ºC compared to pre-industrial levels. A …
As the US decided to put a complete halt in Iranian oil exports, the tanker market is expected to face even more turmoil. In its latest weekly report, shipbroker Gibson said that “so, here we go again – Trump, waivers and oil prices. It feels lik…
Sanctions and the Tanker Market: Where to from here? Read More »
The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry especially for trades involving the Black Sea, Sea of Azov (Northeast of Crimean Peninsula), Marmara Sea, Aegean Sea …
Liabilities arising under the Turkish Straits clauses Read More »
Shipowners have picked up their investment plans, as both newbuilding orders and acquisitions of second hand tonnage have been strong lately. In its latest weekly report, shipbroker Intermodal noted that “strong contracting activity resumed in the past…
Newbuilding Activity and S&P Sales In Full Swing Read More »