Bank shipfinance for Greek shipping slowed down its contraction to a rate of -1.52% during 2018 from -5.62% in 2017 and -8.77% during 2016. The overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide as of 31/12/2…
Ship Finance Expected to Rise Once Again, After Years of Contraction Read More »
Demand drivers and freight rates Iran, Libya and Venezuela face export limitations because of sanctions and internal political troubles. At the same time, US exports of crude oil are growing fast because of pricing and politics. “We have mobilised all …
Tanker Shipping: While we wait for 2020 to kick in, it’s all about politics Read More »
The market for tankers is expected to trend higher moving forward, according to experts. In its latest weekly report, shipbroker Intermodal said that “this year’s tanker S&P activity keeps edging higher compared to the same period in 2018. Year to …
Tankers: Ships’ Values Expected to Trend Higher Read More »
We know that the IMO’s regulations represent the biggest step change the shipping industry has ever seen and the implications will be felt throughout the value chain. But there are still a number of things we don’t know. Various options are available t…
The tanker is always vulnerable to geopolitical shifts, but owners will now have to contend with the “drums of trade war” coming from the US and directed towards China. In its latest weekly report, shipbroker Gibson said that “China officially increase…
Tankers Are Facing the Trade War “Music” Read More »