Major Greek ship owners have turned their sights towards bulkers, making big moves of late. In its latest weekly report, shipbroker Intermodal said that “the strategies of major/traditional owners usually have a knock-on effect on mid/small owners who …
Greek Ship Owners Turn to Bulkers Read More »
The ship recycling market has seen limited activity for a number of weeks, as more and more old ships remain active, instead of being sold for scrap. The uncertainty regarding future “green” technologies and limited newbuilding deliveries are contribut…
Old Ships Remain in Service as Demo Candidates Few and Far Apart Read More »
As the shipping industry, but also the IMO is facing increased pressure towards its decarbonization goals, it’s important to note that reaching consensus among all member states, is proving to be rather difficult, as some blocs (like for example China …
Divisions Among Countries Hindering Shipping’s Decarbonization Read More »
The Greek-owned fleet grew in size during 2022, but as newbuilding deliveries dwindled, so did its age. In fact the average age now stands at its highest point of the last decade. In the latest report, published from Petrofin Research, is noted a relat…
Hellas: The Shipping Fleet Grew in Both Size and Age During 2022 Read More »
The tanker market has experienced significant downward pressure so far in 2023, but this hasn’t affected ship prices as much. In its latest weekly report, shipbroker Xclusiv said that “one of the most discussed EU measures against Russia is the sanctio…
Tankers: Rates Fall, While Ships’ Prices Keep Their Cool Read More »