As most in the industry are aware, when a vessel is alongside heavy objects from the Engine Room (E/R) may be transported to shore through the E/R hatch by using the provision crane. For conventional Bulk Carriers and Tankers this E/R hatch is located …
With talk regarding a potential ban on Russian energy imports reignited in the EU, after the recent developments, it’s worth taking a look on Russia’s crude oil export destinations. In a recent report, shipbroker Banchero Costa noted that “2021 was ove…
Russian Oil Exports: Mapping Out the Future Read More »
The tanker market is in ever shifting waters, as the existing conditions are redrawing crude oil trade routes. North Sea oil production could return into play, while Urals exports are expected to move to the East. In its latest weekly report, shipbroke…
Tankers: European Oil Trade Routes Are Being Redrawn Read More »
The dry bulk market is in transition mode, after the disruption caused in the Russian and Ukrainian wheat exports. In its latest weekly report, shipbroker Banchero Costa said that “the Russian invasion of Ukraine has particularly strong implications fo…
Dry Bulk Market: 2,500 Wheat Cargoes Disrupted Read More »
As China grapples with the effects of the pandemic and has issued a lockdown in Shanghai, shipping is expected to be impacted as well. While tankers should take a hit from the slowdown in oil consumption, the dry bulk and container segments could stand…