2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December…
Will 2023 be the “Mixed Bag” Everyone’s Expecting For Shipping? Read More »
The start of the New Year has been, as expected, rather lackluster for the shipping market. In its latest weekly report, shipbroker Fearnleys said that “it’s been a lackluster start to the New Year in the VLCC segment and lack of fresh enquiries and tr…
Shipping Markets Still in “Holiday” Mode Read More »
Crude oil imports into China were down 4.6% year-on-year during the first 11 months of 2022. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade, despite the surging oil p…
China’s Crude Oil Imports Retreated During 2022 Read More »
Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pa…
The ship recycling market has had a challenging 2022, with a general lack of activity. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “as we close out another year, sub-continent markets remain susp…
Ship Recycling Starts 2023 Looking for More Activity Read More »