The pace with which the EU has been importing LNG by sea is tremendous so far this year, as a result of the situation in Ukraine. In a recent report, shipbroker Banchero Costa said that “in 2021, the European Union (27) was the third largest seaborne i…
EU Seaborne LNG Imports Growing With Tremendous Pace Read More »
The shipping industry appears to be weathering the current “storm” of events, from the war in Ukraine, to the latest supply chain disruption in China. In its latest weekly report, shipbroker Intermodal commented that “just when we thought that the war …
Shipping Weathers the “Storm” That is 2022 Read More »
The newbuilding market has been dominated by the container and LNG segments of late, but the dry bulk sector has also seen its fair share of action lately. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the dry market, cli…
Containers and LNG Tankers Ruling the Newbuilding Market Read More »
China’s iron ore imports were down by 8.5% during the first quarter of 2022. In a recent report, shipbroker Banchero Costa said that “2021 proved fairly robust, but far from remarkable, in terms of global seaborne iron ore trade. Total global loadings …
Dry Bulk Market: First Quarter Iron Ore Imports From China Were Down By 8.5% Read More »
In what seems like a paradox, amid the current environment, the volume of Urals crude currently held on tankers, is the highest level since records began in 2016”. In its latest weekly report shipbroker Gibson noted that “it has been almost two months …
Russian Crude on Tankers is the Highest on Record Read More »