Container values have continued to fall across all sub sectors and age categories in Q4 of 2022. Sale and purchase transactions have dropped steadily across each quarter of the year. In Q4 to date, only 25 sales have been reported, a drop of c.81% year…
Containers values continue to soften Read More »
The newbuilding ordering activity has been lower over the course of the past week, as is the case, traditionally, during the Festive period. In its latest weekly report, shipbroker Allied Shipbroking said that “this week showed a considerable decrease …
Newbuilding Activity Declines as Holiday Season Approaches Read More »
2022 saw a record boom in crude and product tanker freight rates. Geopolitical tensions between Russia and Ukraine reshaped the macroeconomic scene and we entered a new era of changed seaborne oil trade flows. December 5, 2022, was the day the new era …
Crude Tanker Market Ends 2022 on a High Read More »
Latsco Shipping has recently expanded into containerships by taking delivery of two 2,000TEU containers built at Imabari Shipyard, Japan. The MARLA Tiger was delivered in September and the MARLA Bull in November 2022. The vessels will be managed in-hou…
Latsco Shipping expands into containerships Read More »
The Greek shipping fleet is expected to continue its upward trend in 2022 and 2023 across all sectors, even allowing for higher scrapping, Petrofin Research said in a report issued yesterday, detailing the course of the shipping sector in Greece, both …