Shipping is eagerly awaiting for the impact of OPEC’s decision in the oil market and subsequently the crude tanker market. In its latest weekly report, shipbroker Gibson said that “a year ago, US crude production reached its highest level ever, averagi…
Tanker Market Looking for Direction Post-OPEC+ Read More »
Ship brokers are anticipating more deal conclusions in the S&P market, in the weeks leading up to the Holiday season in the Northern Hemisphere. In its latest weekly report, shipbroker Intermodal said that “it has been another busy week in the dry …
More Ship Acquisitions on the Horizon Read More »
A disruptive and painful 2020 is edging closer to its end and many parts of the shipping industry is already looking forward to a post-pandemic 2021 and what it has in store. In its latest weekly report, shipbroker Allied Shipbroking said that “being j…
Shipping Industry Looking for “Normalcy” After Turbulent Year Read More »
Newbuilding orders have continued to dwindle as ship owners continue to opt to add to their fleets, rather than commission more newbuildings. As a result, more deals are starting to materialize in the S&P market. In its latest weekly report, shipbr…
Ship Owners Shun Away From Newbuildings Read More »
LPG could have a role to play in the process of decarbonizing shipping. In its latest weekly report, shipbroker Intermodal said that “over 90% of the world’s goods are transported by sea. LPG is a clean, energy efficient and portable fuel that is being…
LPG’s Role in Shipping’s Decarbonization Could Be Important Read More »