Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent examples, it seems that this time around oil prices aren’t going much higher, with most of this already priced in. So, unless there’…
Middle East Crisis: What could be the impact on the tanker market? Read More »
After four and a half years since the implementation of the IMO rules on low sulphur fuels, it’s more than evident that larger tanker sizes have chosen the retrofitting of scrubbers, to become compliant. In its latest weekly report, shipbroker Gibson s…
Larger Tankers Opt for Scrubbers Read More »
EU crude oil imports rose during the first half of 2024, as the “bloc” remained the second largest importer globally. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite t…
Tankers: Seaborne Crude Oil Imports from the EU Rise in the First Half of 2024 Read More »
Demand for seaborne iron ore imports from China, could be heading for a slowdown in the coming weeks and months. In its latest weekly report, shipbroker Xclusiv said that “the iron ore market is navigating a complex landscape, with important factors pr…
Dry Bulk Shipping: Land-based Competition Could Hurt Seaborne Iron Ore Demand Read More »
The ship recycling has remained weak for yet another week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, ship recycling industry faced significant challenges across multiple regions. I…
Weakness in the Ship Recycling Market Still Prominent Read More »