Demand for LNG newbuildings rose last week, with more orders being reported. In its latest weekly report, shipbroker Banchero Costa said that it was a “very busy week for LNGs with the third phase of the Qatar Energy building program. The Chinese shipy…
LNG Newbuildings Take Center Stage Read More »
A cooling of EV sales globally, could move peak oil projections further down the line, thus lengthening the existing tanker fleet’s lifespan. In its latest weekly report, shipbroker Gibson said that “in recent months we have seen some gloomy developmen…
EVs and Tanker Shipping: A Cooling Market Could Lengthen Peak Oil Projections Read More »
The ship recycling has been on a rise last week, with India as the standout performer. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “India’s ship recycling market is improving, driven by r…
Ship Recycling Market Picking Up the Pace Read More »
Bank ship finance for Greek shipping has decreased during 2023 by 2%, Petrofin Research said in its latest annual report. The overall Greek loans (both drawn and committed but undrawn) booked both in Greece and worldwide as of 31/12/2023 are down to $5…
Greek Financing Down 2% in 2023 at 50.9 Billion USD Read More »
The ship recycling markets have shown a mixed picture during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in the ship recycling markets across four key destinations, distinct tren…
Ship Recycling Markets Looking for More Growth Read More »