The tanker market didn’t receive any positive news from yesterday’s OPEC decision to stick with its planned output increase of 400,000 b/d for March, despite rising market uncertainties stemming from the latest geopolitical tensions. In its latest week…
Tanker Market Won’t Benefit from OPEC’s Latest Decision Read More »
The ship recycling market has increased its pace over the past week, with prices rising across the board. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “market levels continue to firm without any significant sales to report i…
Ship Recycling Market Picks Up Speed Read More »
With rates for Capesizes falling to levels lower even from their smaller counterparts, shipping analysts are looking for future trends, which could shape the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Dry Bulk Market: Will the Current Paradox Become the Norm? Read More »
The tanker market isn’t expected to receive any sort of boost from the Chinese market, at least for the foreseeable future. In its latest weekly report, shipbroker Gibson said that “on February 1st China will enter the year of the tiger. 2021 saw total…
China Not a Positive Factor for Tankers at Present Read More »
European Parliament’s Report on the revision of the EU ETS: Greek shipowners welcome the recognition of the commercial operators’ structural role in shipping and for the industry’s decarbonisation and the need for a sector – dedicated Fund. The U…