The tanker market is expected to heat up over the coming weeks and months. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “the European Central Bank (ECB) took a bold step on Thursday, becoming the first major central bank among …
Tanker Market Expected to Heat Up Read More »
Staying true to tradition, a number of newbuilding deals are believed to have been signed over the course of the Posidonia 2024 event, during the past week. With most of the major shipbuilders and ship owners under one roof, this is no coincidence and …
Newbuilding Orders Pick Up as Posidonia Wraps Up Read More »
The ship recycling market was in a downturn over the past few days, as a result of the recent elections in India, while a further slowdown is expected in the coming days, because of the Eid holidays. In its latest weekly report, Best Oasis (www.best-oa…
Political Climate Takes a Toll on Ship Recycling Read More »
Demand for second hand bulkers, so far in 2024, has eclipsed the equivalent “appetite” for tankers. In its latest weekly report, shipbroker Xclusiv said that “the first five months of 2024 have drawn to a close, and activity in the bulker sale and purc…
Second Hand Bulkers In Higher Demand Compared to Tankers Read More »
Challenging bank conditions have been a significant “headwind” in the global ship finance market during 2023. In its latest annual report, Petrofin Research said that ““the global banking industry continued to face many challenges in 2023. The geopolit…
Greek Banks’s Rise in the Global Ship Finance Market Read More »