The ship recycling activity has been facing a lack of tonnage of late, while prices are being rising as was expected, offering more financial incentive to owners in order to sell their older ships. Meanwhile, recent Holidays and the pandemic surge in t…
Ship Demolition Market Facing Unprecedented Conditions Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that “these past two weeks we saw 4 kamsarmaxes and 1 handysize being added in the global dry bulk orderbook. The encouraging freight market performance during the last few months has over…
Ship Owners Adding More Newbuildings and Secondhand Ships As Freight Market Improves Read More »
By investing in quality of service, a critical element to win over the ever demanding Greek ship owning community and led by capable and maritime-savvy professionals like Mr. Dimitri Tsiftsis, the Bahamas Maritime Authority has managed to gain a signif…
The Bahamas Maritime Authority is Making Strides in the Greek Shipping Market Read More »
Product tankers operating in Europe could receive a welcome increase in demand, as a result of the “Green” revolution underway in the continent. In its latest weekly report, shipbroker Gibson said that “there is no doubt that the green revolution is un…
The Green Revolution Could Be a Boost for Product Tankers Read More »
The tanker market is still rather undewhelming, as demand hasn’t yet rebounded to a level, sufficient to generate positive momentum. Examining North-West Europe crude oil export trade, shipbroker Banchero Costa said in a recent report that “2020 was ov…
Tanker Trade Still Underwhelming Read More »