The duration of the closure of the Hormuz Strait will most likely dictate the outcome of the current crisis and its impact on shipping, the overall supply chain and ultimately global trade. In its latest weekly report, shipbroker Xclusiv said that “sin…
Duration of Closure of Hormuz to Dictate Shipping Rates Read More »
Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern LPG supplies. A series of force majeures in the A…
Over the past decade, shipping has made major strides in improving fuel efficiency and reducing emissions. Hull optimisation, wind-assisted propulsion and digital fuel management are helping vessels burn less energy than ever before. Yet even as ships …
Why adaptation, not just efficiency, will define maritime performance Read More »
The ship recycling markets have been gearing up for a slowdown, after the outbreak of war in the Middle East. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the week saw elevated geopolitical act…
Ship Recycling Slowing Down as Tensions in the Middle East Prevail Read More »
Greek shipping manages some of the most sophisticated and commercially successful fleets in the world. That success, however, has come with an increasingly complex operating environment onboard ships, one that deserves more honest scrutiny than it curr…
Greek shipping must confront the reality of crew workload Read More »