The LPG shipping market has experienced considerable growth this year, with global exports growing by 3.8% from January to October. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade was very di…
USA LPG Exports to Europe Have Grown By 54.8% This Year Read More »
Tanker owners could be prompted to sell a part of their fleet in order to take advantage of the existing bullish market sentiment and capitalize on potential revaluations. In its latest weekly report, shipbroker Allied Shipbroking said that “the tanker…
Tanker Market Revival Could Prompt More Ship Acquisitions Read More »
More deals are being reported in the newbuilding market, as ship owners are proceeding with further investments. In its latest weekly report, shipbroker Allied Shipbroking said that “things in the newbuilding pivoted over into a more fervent orbit as o…
Newbuilding Orders Picking up the Pace Read More »
The ship recycling market has continued to show a lack of activity over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “unlike the skies that will be lit above this weekend for the annual fireworks festivities, …
Ship Demolition Continues its Lackluster Trajectory Read More »
One of the main shortages caused by the existing conditions in the energy markets and the looming sanctions, revolves around diesel. In its latest weekly report, shipbroker Intermodal said that “only five weeks before western sanctions’ full effect, un…
Tankers: Diesel Shortages in the EU and the US Could Generate more Cargoes from Asia Read More »