Marlink, the smart network solutions company, has completed the acquisition of the satellite communications business of Hellenic Radio Services (HRS). Following years of successful organic growth via its Piraeus-based subsidiary Marlink CG, this acquis…
The tanker market is headed for a multi-year period of lower tonnage supply, which could help offset any dips in demand. In its latest weekly report, Gibson said that “with the global economic picture continuing to be dominated by bearish sentiment, an…
Tanker Market Could Find Respite from Restricted Tonnage Supply Moving Forward Read More »
The product tanker market has enjoyed some positive momentum so far this year, despite the fact that Russian clean product exports have been retreating. This can be attributed to the higher ton-mile demand. In its latest weekly report, shipbroker Banch…
Russian Clean Product Exports Down 5.1% During 2022 Read More »
Sentiment in the tanker sector remains very bullish, as the increase in ton-mile demand is expected to keep pushing the market to higher levels. In its latest weekly report, shipbroker Intermodal said that “this week, focus turns to the 38th APPEC Conf…
Tankers Riding the “Wave” of Ton-Mile Demand Hikes Read More »
The container ship market took the lion’s share of the newbuilding activity this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the newbuilding market recorded an active week, with a good flow of fresh projects coming …
More Container Ships on Order This Week Read More »