There wasn’t too much movement in the S&P or the newbuilding markets this past week. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a very quiet week for Newbuilding orders, with only one notable deal coming to light. …
Newbuilding Ordering Activity Slows Down Read More »
After months of financial constraints, things could soon start improving for ship recyclers in Bangladesh and Pakistan. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there have been rumours circulating this week that the fin…
Ship Recycling Market Looking for Letter of Credits Relief Read More »
There could be a shift in fortunes in completely opposite directions for various parts of the product tanker market in the weeks to come. In its latest weekly report, shipbroker Intermodal said that “with the Western sanctions on Russia’s oil products …
Product Tankers: Mixed Fortunes for MRs and LR2s Read More »
More than 120 executives from finance departments of shipping companies had the opportunity to meet, exchange views and be informed by PwC’s experienced consultants on recent developments in the industry, emerging accounting and financial issues,…
PwC Greece: Annual PwC Update for Shipping Industry Finance Professionals 2023 Read More »
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 »