The ship repair sector, ever so important, due to the need not only for maintenance but also retrofits, has experienced another challenging year. In its latest weekly report, shipbroker Intermodal said that “moving towards the end of 2021, the ship rep…
A Year of Challenges for Ship Repairs Read More »
The tanker market seems to finally be heading out of the storm, but still 2021 proved to be a rather challenging year. In its latest weekly report, shipbroker Gibson said that “although freight levels in some shipping sectors reached breath-taking high…
2021: A Year to Forget for the Tanker Market Read More »
Dirty tanker spot freight rates were steady in November, although the expected year-end upward momentum has yet to materialize, OPEC said in its latest monthly report. For VLCCs, the spot freight rates on the Middle East-to-East route averaged WS43, up…
Tankers Market Steady During November Read More »
When we talk or hear about the Shipping industry everyone knows that it is the is the first world industry that correlates nations and continents. “No Shipping – No Shopping” as it goes. According to I.M.O., “shipping is vital to the nations’ security,…
“How to better control and manage risks by division and a three step analysis” Read More »
The shipbuilding market seems to be heating up with many deals being reported, as the year edges closer to the end. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a very active week in the shipbuilding market with several …
Shipbuilding Market Heats Prior to Holidays Read More »