The ship recycling market has continued to show a lack of activity over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “unlike the skies that will be lit above this weekend for the annual fireworks festivities, …
Ship Demolition Continues its Lackluster Trajectory Read More »
One of the main shortages caused by the existing conditions in the energy markets and the looming sanctions, revolves around diesel. In its latest weekly report, shipbroker Intermodal said that “only five weeks before western sanctions’ full effect, un…
Tankers: Diesel Shortages in the EU and the US Could Generate more Cargoes from Asia Read More »
The use of biofuel blends in the shipping industry could become the norm in the following years, as they seem to make a lot of sense, as a stop-gap solution, until fossil fuel alternatives are available at a larger scale. In its latest weekly report, s…
Biofuels Use in the Shipping Industry Could Soon Gain Traction Read More »
The South African iron ore trade has had a mixed year so far. During the nine-month period of 2022, the third largest iron ore exporter has increased its shipments to China, while those towards the EU have been lowered. In its latest weekly report, shi…
South Africa Iron Ore Exports to the EU Retreat, While China Imports More So Far in 2022 Read More »
The tanker market’s structural shift is still not complete. In its latest weekly report, shipbroker Allied said that “with the recently announced crude oil production output cuts from OPEC+ now ready to take effect, the markets seem set for a major bra…
Tankers: Full Effect of Ban on Russian Oil To be Felt From 2023 Onwards Read More »