The ship recycling market was further hampered by the developments of the past week and the escalation of warfare between Iran and Israel. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship r…
Middle East Tensions Further Hurt Ship Recycling Activity Read More »
Ship owners were quite active in the dry bulk newbuilding market last week. In its latest weekly report, shipbroker Banchero Costa said that “the Greek company DryDel ordered an Ultramax 64,000 dwt at Imabari. No price was disclosed, delivery is set fo…
More Newbuilding Contracts for Dry Bulk Carriers Read More »
The tanker fleet is ageing and this is undeniable, despite the increased pace of newbuilding contracting over the past year. Taking into account the expected increase of demolition activity in the future, more orders needs to take place, if a tonnage s…
An Ageing Tanker Fleet Could Limit Future Supply Read More »
For decades, Greek shipping has been a dominant global force — in competitiveness, resilience, and adaptability. Yet, despite its proven strength and enormous contribution to the national economy, it remains, paradoxically, detached from Greece’s publi…
Greek Shipping Doesn’t Need Promotion — It Needs Strategic Narrative Read More »
Tanker owners are, once again, on edge, because of a renewal of tension between Israel and Iran. In its latest weekly report, shipbroker Gibson said that “tensions between Israel and Iran are nothing new, but they came to a head overnight. The situatio…
Tanker Market on Edge as Iran-Israel Conflict Intensifies Read More »