The maritime industry is grappling with the intricacies of FuelEU Maritime, a regulatory landscape that has proven far more complex than its predecessor, the EU Emissions Trading System (ETS). Speaking at the Baltic Exchange Tanker & Gas Market Ins…
FuelEU: A complex beast compared to ETS Read More »
Greek shipping is particularly exposed to Chinese-built vessels and could be impacted if the US moves ahead with its proposal to impose tariffs on all Chinese-built ships entering its ports. In its latest weekly report, shipbroker Xclusiv said that “la…
Greek Shipping’s Exposure to Chinese Shipbuilding Read More »
“During the first two months of 2025, bulker newbuilding contracting dropped 92% y/y to the lowest level in at least 30 years. While contracting in January was low, no new ships were ordered in February. Weak freight rates, high newbuilding prices, lon…
Bulker newbuilding contracting plunges 92% to lowest level in decades Read More »
This week’s focus is on the evolution of VLCC net supply growth in the Arabian Gulf (AG), the performance of Baltic Rates, and a comparative analysis of Gross Supply versus Cargo Demand over the next 10, 20, and 30 days. VLCC Net Supply Trends, B…
Tanker Weekly Market Monitor: VLCC AG Supply Read More »
The ship recycling market has remained lackluster over the past week, continuing the same trend. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the market remained quiet, characterized by selectiv…
Ship Recycling Market Lacking Interest Read More »