The ship recycling market has been facing some headwinds of late, as a result of the dollar’s rally. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the U.S. Dollar strengthening globally, concern remains in the Indian su…
Currency Turbulence Having an Impact on the Ship Recycling Market Read More »
The tanker market is being heralded as one the main “beneficiaries” of the war in Ukraine and the sfift that this sad development has created in trade flows. In its latest weekly report, shipbroker Allied Shipbroking said that “with the start of the fi…
Tanker Market Could be Entering a Bullish Period Read More »
Marlink, the smart network solutions company, has completed the acquisition of the satellite communications business of Hellenic Radio Services (HRS). Following years of successful organic growth via its Piraeus-based subsidiary Marlink CG, this acquis…
The tanker market is headed for a multi-year period of lower tonnage supply, which could help offset any dips in demand. In its latest weekly report, Gibson said that “with the global economic picture continuing to be dominated by bearish sentiment, an…
Tanker Market Could Find Respite from Restricted Tonnage Supply Moving Forward Read More »
The product tanker market has enjoyed some positive momentum so far this year, despite the fact that Russian clean product exports have been retreating. This can be attributed to the higher ton-mile demand. In its latest weekly report, shipbroker Banch…
Russian Clean Product Exports Down 5.1% During 2022 Read More »