The looming completion of West Africa’s Dangote refinery is expected to have a significant impact on crude and product tanker flows to the region. Already though, a shift is expected due to the fact that EU exports of products is about to decline, due …
West Africa Oil and Products Imports Facing Structural Shifts Read More »
India has been increasingly looking to Russia, to cover its energy and raw materials needs, with coal being no exception. In its latest weekly report, shipbroker Banchero Costa said that “after a slow start in the first quarter, global coal trade has r…
India’s Coal Imports From Russia Pick up Pace Read More »
The product tanker market is already in Russian ban mode since February the 5th, when the EU import ban took effect. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “as the first week of February passed, central banks made another…
Product Tanker Market Expected to Face Structural Shift Read More »
The newbuilding market has been lit on fire as major container liners have moved forward with their newbuilding plans. In its latest weekly report, shipbroker Allied Shipbroking said that “following on from MSC’s US$1.2bn order last week, the third lar…
Container Shipping Companies Splurge on Newbuildings Read More »
The ship recycling industry is undergoing significant changes in various countries. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week saw an improved turnout (compared to last year) for the independent conference held …
Ship Recycling: Positive Steps Made for the Industry Read More »