Despite the challenging environment, under which the shipping industry must operate today, prospects for tankers and to a lesser degree bulkers, remain rosy. In its latest weekly report, shipbroker Intermodal said that “2023 has been a very challenging…
Shipping Market’s Prospects Look Rosier Despite Challenges Read More »
Ship owners have remained active in both the newbuilding and second hand market this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “in the dry sector, 12 Ultramax orders picked up the pace following the previous week’s…
Dry Bulk Carriers in High Demand Read More »
The ship recycling market has witnessed the most interest from India this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “India once again seems to be at the forefront of any offers being tabled, as the local market…
Ship Recyclers in India the Most Active in the Market Read More »
The product tanker market hasn’t seen the benefits of increased Middle East clean product exports, rate-wise. In its latest weekly report, shipbroker Gibson said that “this year has seen a major increase in the Middle East clean product exports to Euro…
Product Tankers: Clean Product Exports from the Middle East and China on the Rise Read More »
Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean, despite the absence of its own reserves. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has bee…
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean Read More »