Strong newbuilding ordering has remained the case over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained healthy this week, with contracting led by strong demand across the container and dry …
Strong Newbuilding Ordering Still the Norm Read More »
As with other countries, the Greek shipping industry, faces growing pressure from crew shortages, geopolitical uncertainty and increasing competition for skilled seafarers, workforce diversification is becoming an increasingly important part of long-te…
On 13 July 2026, US Central Command announced a renewed naval blockade of Iranian ports (effective 14 July), ending a 60-day ceasefire following Iran’s 7 July attacks on commercial vessels in the strait. Average daily dry-bulk transits through th…
Strait of Hormuz — a Renewed Blockade Impairs Dry-Bulk Crossings Read More »
A more positive sentiment was evident in the ship recycling markets, over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Alang ship recycling market showed some improvement in s…
Ship Recycling Markets Showing Positive Signs Read More »
“During the last two weeks of July, dirty tanker loadings from Russian Black Sea and Sea of Azov ports fell 62% compared to the previous four weeks’ average. Exports averaged 0.98 million barrels per day (mbpd) compared to 2.59 mbpd in the previo…
Dirty tanker loadings drop 62% from Russian ports in the Black Sea and Sea of Azov Read More »