With Russian oil heading eastwards, the West is looking at all possible avenues to boost oil supply. To this extent, Iraq can, perhaps, play a major role. In its latest weekly report, shipbroker Gibson said that “whilst many members of the OPEC+ group …
Can Iraq Help Alleviate Oil Supply Issues and Stabilize the Market? Read More »
Ship prices in the dry bulk segment seem to have inflated considerably over the past 12 months, with increases in the larger segments, in particular, not being supported by market fundamentals. In its latest weekly report, shipbroker Allied Shipbroking…
Dry Bulk Carriers’ Prices Up by 85% on Average Since the Start of 2021 Read More »
In its latest annual report, headlined for the first time by the newly elected President Ms. Melina Travlos, the Union of Greek Shipowners (UGS) highlighted the importance of shipping as a “beacon of stability in the volatile global environment”. “Gree…
Ship owners are still more active in the S&P market, rather than the newbuilding one, with delays and cost increases acting a deterrents. In its latest weekly report, shipbroker Allied Shipbroking said that “activity of the newbuilding market is st…
Second Hand Acquisitions Still the Main Market Mover Read More »
The Union of Greek Shipowners (UGS) welcomes the adopted position of the Committee of the Environment, Public Health and Food Safety (ENVI) of the European Parliament, on the revision of the EU Emissions Trading System (EU ETS) in the framework of the …