The strategic shift of EU’s LNG imports’ demand is redrawing the global LNG shipping map. In its latest weekly report, shipbroker Intermodal said that “Europe’s decision to formally sever its remaining gas ties with Russia marks the end of a chapter th…
LNG Shipping: Seaborne LNG Imports to Dominate EU’s Demand Read More »
The seaborne tanker market could be headed for yet another shift in crude oil flows, which could also have an impact on freight rates. In its latest weekly report, shipbroker Gibson said that “earlier this week, President Trump announced that the Unite…
Tanker Market: Is a New Shift of Trade Flows Ahead? Read More »
The ship recycling markets have shown mixed behaviour over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market remained positive this week, supported by t…
Ship Recycling Showing Mixed Performance Read More »
US LNG exports rose significantly during 2025, with EU importing the most. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade grew sharply until 2022, then almost flatlined in 2023-2024, rebounding strongly in 2…
US LNG Exports on the Rise, with EU the Main Recipient Read More »
More newbuilding orders were reported over the past week, many of which were for modern container shipping tonnage. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Greek owner Safe Bulkers placed an order of 2 x 82…
Newbuilding Orders on the Rise Read More »