EU crude oil imports rose during the first half of 2024, as the “bloc” remained the second largest importer globally. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite t…
Tankers: Seaborne Crude Oil Imports from the EU Rise in the First Half of 2024 Read More »
Demand for seaborne iron ore imports from China, could be heading for a slowdown in the coming weeks and months. In its latest weekly report, shipbroker Xclusiv said that “the iron ore market is navigating a complex landscape, with important factors pr…
Dry Bulk Shipping: Land-based Competition Could Hurt Seaborne Iron Ore Demand Read More »
The ship recycling has remained weak for yet another week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, ship recycling industry faced significant challenges across multiple regions. I…
Weakness in the Ship Recycling Market Still Prominent Read More »
Greece has held a prominent place in shipping for many decades. What makes this more significant is that the country’s considerable role on the international maritime stage is disproportionate to its size. The capacity of the Greek merchant fleet, at m…
Greek shipping: Success factors and opportunities Read More »
Newbuilding ordering activity remained high over the past week. In its latest weekly report, shipbroker Banchero Costa said that activity was busy, “especially considering the summer season, across many different sectors. Deliveries are pushed further …
Newbuilding Orders Keep Pouring In Read More »