Global seaborne oil trade has worsened since the start of the year, with EU crude oil imports also on the retreat. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6…
Tanker Market: EU Crude Oil Imports Slowed Down Since the Beginning of 2025 Read More »
Newbuilding ordering activity has been on the rise over the past week. In its latest weekly report, shipbroker Intermodal said that “the shipbuilding market witnessed increased activity this week, with five orders placed in tanker, containership, gas, …
Shipbuilding Orders on the Rise Read More »
The ship recycling market has maintained its subdued activity over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye remain subdued…
Ship Recycling Activity Still Subdued Read More »
In a period when shipbuilding capacity should be expanding rapidly to cater for the vast decarbonization needs of the shipping industry, disruptive policies by the US could prove damaging to the overall market. In its latest weekly report, shipbroker X…
Shipbuilding in the Crosshairs of US Policies Read More »
LNG is now considered the prime alternative to conventional marine fuels, at least until a broader consensus on the new marine technologies is formed. In its latest weekly report, shipbroker Intermodal said that “as the shipping industry accelerates it…
LNG Bunkers on the Rise Read More »