The President of the Union of Greek Shipowners (UGS), Ms Melina Travlos, and members of the UGS Board of Directors met today with the European Commissioner for Sustainable Transport and Tourism, Mr Apostolos Tzitzikostas, in Brussels to confirm the con…
Amid the ongoing trade war between USA and the rest of the world, shipbuilding activity remain rather lackluster, with a lot of questions regarding Chinese yards still in play. In its latest weekly report, shipbroker Banchero Costa said that “in the co…
Newbuilding Orders Lacking Momentum Read More »
USA, India, Vietnam could emerge among the leading gainers from US’ new policies when it comes to the shipbuilding industry. In its latest weekly report, shipbroker Intermodal said that “in view of President Trump’s declared intention to “M…
New Shipbuilding Forces Could Emerge in the Coming Years Read More »
The tanker market has been facing a flurry of sanctions of late, with Russian and Iran oil trades in the forefront. In its latest weekly report, shipbroker Gibson said that “just before the end of his presidency, the Biden administration gave a parting…
Tankers: Sailing the Sea of Sanctions Read More »
The tanker market rose during the month of February, OPEC said in its latest monthly report. Dirty spot freight rates showed gains across almost all monitored routes in February. VLCC rates in particular rose as a fresh round of sanctions resulted in e…
Tanker Market on the Rise During February Read More »