New crude oil trade routes have pushed some VLCCs westward, with little boost to the overall market, Vortexa says
Activity in the Atlantic not enough to make up for lack of Chinese demand for VLCCs Read More »
Russia’s invasion of Ukraine, diesel shortages and the long-awaited effects of refinery closures have seen product tanker rates soar
Chief executive Aristides Pittas sees newbuildings making sense for Euroseas because of long-term employment in container ship market
EuroDry to stick to secondhand market as shorter charters prevent dry bulk orders Read More »
Shortfall is manageable for now, but the Russian invasion is taking its toll on some mariners
Ukrainian seafarers fight the war within Read More »
Even VLCCs have seen improvements in the second quarter as owners talk up fundamentals
Crude tanker owners keep singing same song as rates tick upwards Read More »