The tanker fleet is ageing and this is undeniable, despite the increased pace of newbuilding contracting over the past year. Taking into account the expected increase of demolition activity in the future, more orders needs to take place, if a tonnage s…
An Ageing Tanker Fleet Could Limit Future Supply Read More »
Newbuilding prices started softening in early 2025, and we expect this downtrend to continue as the lack of clarity around IMO regulations will keep new orders subdued, increasing the competition among yards. Despite a sharp decline in steel prices fro…
Correction in newbuilding prices likely to deepen Read More »
For decades, Greek shipping has been a dominant global force — in competitiveness, resilience, and adaptability. Yet, despite its proven strength and enormous contribution to the national economy, it remains, paradoxically, detached from Greece’s publi…
Greek Shipping Doesn’t Need Promotion — It Needs Strategic Narrative Read More »
Tanker owners are, once again, on edge, because of a renewal of tension between Israel and Iran. In its latest weekly report, shipbroker Gibson said that “tensions between Israel and Iran are nothing new, but they came to a head overnight. The situatio…
Tanker Market on Edge as Iran-Israel Conflict Intensifies Read More »
The Israeli strikes on Iranian nuclear and military facilities on Friday 13th June, followed by Iran’s retaliatory actions, have heightened fears of a broader regional conflict and potential disruption to maritime traffic through the Strait of Hormuz (…
Drewry: Oil transit through Strait of Hormuz unlikely to be disrupted by regional unrest Read More »