The flurry of VLCC tonnage heading towards the world’s scrapyards appeared to be slowing down over the course of the past week, as a result of Easter Holidays in Europe. In its latest weekly report, Clarkson Platou Hellas commented that “with the…
VLCC Demolition Frenzy Slowing Down on Easter Holidays Read More »
It seems that ship owners will keep pumping more cash on newbuilding orders this year, at a heightened pace over 2017. In its latest weekly report, shipbroker Allied Shipbroking said that “with the Easter Holidays taking out many players out of action …
Newbuilding Orders To Pick Up Pace During Remainder of 2018 Read More »
Theo Xenakoudis, Director, Worldwide Business Operations and Managing Director of International Registries, Inc. in Piraeus, writes: From hosting a Corporate Seminar in Athens to participating in the Connecticut Maritime Association’s (CMA’s) Shipping …
Supporting Shipping Around the World Read More »
Ship owners are actively looking to offload their older tankers, but with freight rates still below par, decisions have to be made soon and these aren’t helped by the general market sentiment, local conditions and the Easter Holidays. In its late…
Tanker Demolitions at the Forefront, Although Activity Could Soon Subside Read More »
With most ship owners adopting a wait-and-see stance, when it comes to adopting solutions ahead of the 2020 IMO rule on low-sulphur marine fuels’ use, a trend seems to be slowly, but surely emerging. As things stand, pushing towards a single, che…