Greece is emerging as a major regional hub for US LNG, in light of growing pressure to completely eliminate Russian LNG flows in the EU. In its latest weekly report, shipbroker Intermodal said that “as repeatedly proven by historical precedents across …
Greece as a US LNG Hub: New Opportunities for LNG Shipping Read More »
Uncertainty is still prevalent among the shipping industry, when it comes to the enforcement of the USTR directive aimed at restricting Chinese-built ships from calling on US ports. In its latest weekly report, shipbroker Gibson said that “in April, th…
Ship owners have been keeping even obsolete ships from scrapping so far this year, as the cashflows they produce are significant. In its latest weekly report, shipbroker Xclusiv said that “ship demolition activity over the past five years reveals a cyc…
Ship Owners Keep Older Vessels For More Read More »
With crude oil flows patterns still very much fluid, tanker market participants are closely monitoring oil demand and supply fundamentals. In a recent weekly report, shipbroker Xclusiv said that “Russian seaborne crude exports in August reached 3.40 mi…
Tanker Market: Is an Oil Supply Glut on the Cards? Read More »
The ship recycling market is still experiencing muted sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India, “the market remained relatively strong during most of the week, though it s…
Ship Recycling Subdued Last Week with Prices Retreating Read More »