India is expected to reduce its dependence from Russian oil in the coming weeks and months, with Middle East imports potentially increasing their share among the country’s import mix. This could lead to a reduction of ton-mile demand. In its latest wee…
Tanker Market: Lower Ton-Mile Demand Ahead? Read More »
The Russian effect in the tanker market is expected to be in full force in the coming weeks and months, with flows and market impact expected to shift, both in crude and in the product segments. In its latest weekly report, shipbroker Gibson said that …
Tanker Market Dynamics Shifting Again Read More »
The dry bulk market has been a mixed bag so far in 2024, in terms of performance, with Capesizes faring much better than smaller ship classes. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has exhibited a mixed performa…
Dry Bulk Market: Mixed Fortunes Read More »
The looming strikes at U.S. ports’ will be yet another major supply chain disruption in the post-COVID era. As a result, experts have warned that a ripple effect is about to be unleashed in the global shipping market. Stamatis Tsantanis, Chairman &…
The ship recycling market is still lackluster, with sentiment and activity still low. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the ship recycling industry is enduring a challenging phase, m…
Ship Recycling Still Lackluster Read More »