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 »
Ships play a crucial role in global trade, transportation, and exploration. However, their operations are inherently exposed to various risks, ranging from maritime accidents to piracy, war and environmental hazards. Implementing effective risk prevent…
Possible Strategies for Risk Prevention on Maritime Assets Read More »
The dry bulk market has been on a growth “spree”, as a number of disruptions in key waterways have had an impact on tonnage availability. In its latest weekly report, shipbroker Xclusiv said that “the midsize dry bulk segments have reached 4-month high…
Dry Bulk Market: “Rising Tides” as Water Levels Drop in Various Hubs Read More »
Newbuilding ordering activity was on the downside this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the quietest week so far in September for new order contracting, with just 16 firm orders rumored this week – just o…
Newbuilding Activity Settles Down Read More »