As we approach the final couple of weeks of 2018 and activity is bound to slow down in the shipping markets, ship owners seem to be zeroing in, on LNG newbuildings and dry bulk carriers from the second hand market. In its latest weekly report, in terms…
LNG Newbuildings and Second Hand Bulkers on Shipowners’ “Radars” Read More »
While for much of the year, the focus has been on what ship owners will do with their older ships, the demolition market is now undergoing a structural shift, after the inclusion of yards in the European Union. More specifically, as shipbroker Clarkson…
Ships’ Demolition Market Is About to Change Modus Operandi Read More »
Fifty years ago the world’s shipping industry was experiencing the onset of changes which were destined to have a lasting impact and shape the pattern of activities seen in today’s markets. This feature represents continuity. But there were events duri…
The Union of the Greek Shipowners (UGS) warmly welcomes the decision of the Maritime Safety Committee (London, December 3-7, 2018) of the United Nations International Maritime Organization (UN IMO) to confirm its exclusive competence regarding safety i…
As expected tanker values have started to pick up of late, following the trend set in the freight market. In its latest weekly report, shipbroker Intermodal wondered whether the rise in crude carrier rates is driven only by seasonality, or is the recen…
Rebound in Tanker Freight Rates Echoed in Ships’ Values As Well Read More »