The surge in rates for Aframax and Suezmax tankers, as a result of the crisis in Ukraine could be the prevailing trend in the market for the near or even mid-term future, given the prevailing geo-political circumstances. In its latest weekly report, sh…
Tanker Premiums To Remain for the Time Being Read More »
The newbuilding market has picked up of late, with many orders mainly in the LNG and container segments. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the gas carrier market, Hyundai HI (Ulsan) announced contracting three…
Newbuilding Ordering Activity Picks Up Read More »
The tanker market is in the middle of yet another challenging situation, with predictions of future oil demand growth, now being thrown out of the window. In its latest weekly report, shipbroker Gibson said that “as the crisis in Ukraine escalates, so …
The current situation in Ukraine is having a direct impact on the shipping markets, with Russian seaborne exports being driven off the market. In its latest weekly report, shipbroker Banchero Costa said that “Russia is the fourth largest seaborne expor…
Russian Seaborne LNG Exports Reached 30.3 Million Tonnes Read More »
The shipping industry is faced with a logistical and legal nightmare, in the aftermath of the events in Ukraine. In its latest weekly report, shipbroker Intermodal said that “the escalating confrontation between Russia and Ukraine has the potential to …
Shipping’s Russian Nightmare is Becoming a Reality Read More »