Product tankers and more specifically those of the MR class have been in high demand throughout 2018 and during the first half of 2019. In its latest weekly report, shipbroker Allied Shipbroking said that “for more than 6 months now, we have repeatedly…
Ship owners Snap Up Product Tankers, as Transactions are Up by 27% in 2019 Read More »
Historically, traditional shipping M&A activity has not been as common, mainly because shipping market investors enjoyed adequate access to funding while the ship owners themselves instinctively preferred more straightforward “asset transactions”. …
Shipping M&A: Learning points from recent transactions Read More »
The Union of the Greek Shipowners (UGS) warmly welcomes the decision of the Maritime Safety Committee (London, 5-14 June 2019) of the United Nations International Maritime Organization (UN IMO) to adopt an action plan for mandatory measures to enhance …
Newbuilding activity has picked up over the course of the past couple of weeks, while the S&P market has been dominated, mainly by dry bulk carriers. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market, “in th…
Tanker Newbuilding Orders Pick Up, While Bulkers Dominate the S&P Market Read More »
Confidence in the shipping industry has fallen marginally over the past three months, largely as a result of ongoing concern over trade wars and increased regulation, according to the latest Shipping Confidence Survey. The average confidence level in t…
Concern over trade wars impacts shipping confidence Read More »