The tanker market is bound to face another round of shifts in trade flows, with EU’s seaborne imports of Russian oil, effectively banned henceforth. The increased ton-mile demand though, could prove to be beneficial for many tanker owners. In its lates…
Tankers: Replacing Russian Crude Oil Could Prove a Tricky Proposition Read More »
The Posidonia International Shipping Exhibition will be held from June 6-10 at the Athens’ Metropolitan Exhibition Centre. 1,929 companies from 88 countries will exhibit their products and services during Posidonia next week. A total of 24 National Pav…
Posidonia Week Is Back At Full Steam Read More »
With Greece, the biggest single owner of tankers and Hormuz, one of the most important trade lanes for seaborne crude transportation, it’s easy to see why the recent seizure of two Greek-owned VLCCs, by the Iranian Revolutionary Guard, can start to hav…
Crude Oil Trade Could Be Hampered By Greek-Iranian Tensions Over Tankers’ Seizure Read More »
As the shipping community prepares for a return to Posidonia after a four-year break, in this analysis (see below and attached) extracted from the Shipping Intelligence Weekly report, Steve Gordon, Global Head of Clarksons Research, tracks the developm…
Greek Owners Retain Pole Position Read More »
The shipbuilding market could soon start to pick, as China’s major cities are emerging from the lockdowns of the previous weeks. In its latest weekly report, shipbroker Allied noted that “the newbuilding market may well be slowly on the verge of a shif…
Newbuilding Activity Could Soon Pick Up the Pace Read More »