The ship recycling market has had to endure some pretty turbulent weeks, but things are starting to pick up once more. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in what has been a gloomy couple of weeks for the market, c…
Ship Recycling Market Exits “Crisis Mode”, Outlook Now More Positive Read More »
Saronic Ferries has today announced their partnership with C-Job Naval Architects. For the Greek owner, C-Job will develop the design of the first fully-electric Ro-Pax ferry in Greece. Saronic Ferries, the largest ferry operator for the Saronic island…
The global seaborne crude oil market trade “map” is being radically redesigned these days, which is expected to have a significant impact on the tanker market. In its latest weekly report, shipbroker Gibson commented that “this year’s events have been …
East Dominates Russian Crude Oil Flows, as EU Scrambles to Find New Oil Markets Read More »
The EU is again the largest importer of crude oil by sea. As a result, the reshaping of the crude oil trades and the ban on Russian oil, is expected to play a major role in the future of the tanker freight markets moving forward. In its latest weekly r…
EU Market The Largest in the World for Seaborne Crude Oil Imports Read More »
Newbuilding orders have continued to move higher, with more and more owners looking to add modern and more efficient tonnage to their fleet. In its latest weekly report, shipbroker Allied Shipbroking said that “newbuilding market activity was kept at f…