The demolition market has reached new lows this week, with scarce activity being reported. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “devaluations in all the currencies in the Indian sub. Continent have this week placed a…
Ship Recycling Market in Dire Straits Read More »
The dry bulk market has been filled with S&P deals over the course of the past few weeks, despite a series of holidays around the world. In its latest weekly report, shipbroker Intermodal commented that “almost through half of the year, the overal…
Dry Bulkers in High Demand Despite Holiday Festivities Around the World Read More »
Elpi Petraki, Operations, Chartering and Business Development Manager at ENEA Management, and President of WISTA Hellas, says it is vital that the industry works together to empower women working in shipping and eliminate gender inequality. Much has ch…
Empowering Women in Shipping: The Route to Achieving Gender Equality Read More »
A discrepancy between actual and benchmark VLCC earnings is starting to take shape, perhaps even explaining the low rhythm of tanker scrappings. In its latest weekly report, shipbroker Gibson said that “spot VLCC earnings were in the negative territory…
Suezmax and Aframax rates in April continued to outperform those in the VLCC class, with gains of 61% and 28%, respectively. Suezmax was supported by a strong market in the Atlantic Basin, while Aframax was supported by both the East and West markets, …
Tanker Market Shows Mixed Performance During April Read More »