Türkiye’s crude oil imports fell by a further 16.4% during 2024, continuing the downward trend of 2023. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, th…
Tankers: Türkiye Crude Oil Exports Fell Further in 2024 Read More »
The global shipping fleet has aged even further as 2025 is now a reality. In its latest weekly report, shipbroker Xclusiv said that “turning into 2025, vessels have added one year to their age, significantly altering the current discussion around fleet…
Global Shipping Fleet Ageing Further Read More »
The ship recycling market has continued its lackluster mode over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week in ship recycling, the markets across all major destination…
Ship Recycling Market Still in Decline Read More »
Newbuilding ordering activity is starting to pick up again after the recent holiday season break. In its latest weekly report, shipbroker Banchero Costa said that “in the container segment, German company Elbdeich Reederei placed an order of 2 x 1,900 …
Newbuilding Orders Are Piling Up Again Read More »
More ships are expected to enter service during 2025, after a series of newbuilding orders should now materialize into more vessels entering the global fleet. In its latest weekly report, shipbroker Intermodal said that “the year 2025 commenced with un…
Shipping: Tonnage Supply Could Increase in 2025 Read More »