The ship recycling market seems to be rudderless as we head into the end of the year, with few and far apart deals taking place. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we enter the season of Advent, it is encouragi…
Ship Recycling: Bleak end of the Year Ahead Read More »
The Union of Greek Shipowners (UGS) acknowledges the positive elements of the outcome of the negotiations between the European institutions regarding the inclusion of shipping in the European Union Emissions Trading System (EU ETS). The agreement refle…
Shipping’s path towards the digital era is well underway, with container ships at the forefront of this process. In its latest weekly report, shipbroker Intermodal said that “shipping, although a conservative and innovation adverse industry, is current…
Shipping’s Digitalization Journey is Well Underway Read More »
The latest round of sanctions on Russian oil is bound to offer yet more support to the product tanker market. So far, Russia’s major clients, like the EU, have reduced their imports of crude oil considerably, but this hasn’t happened to the clean marke…
The global iron ore seaborne trade has been on the decline so far this year. In its latest weekly report, shipbroker Banchero Costa said that “so far in 2022, iron ore trade softened again, primarily due to weaker demand from China and supply issues in…
Global Iron Ore Loading Down This Year Read More »