The LNG shipping market has come under pressure lately, as market conditions have been more than challenging. In its latest weekly report, shipbroker Intermodal said that “the LNG shipping sector has entered 2025 under pressure, amid challenging market…
LNG Shipping Under Increasing Pressure Read More »
An unusually early Lunar New Year at the end of January set the precedent for a rise in container rates at the start of January before dipping to normal levels at the end of the month. However, with the new Trump administration putting plans in place t…
LR tonne-miles dropped sharply in December-24 and January-25 due to a stark decline in Europe’s middle distillate imports, and shifting export patterns in the Wider Arabian Sea. Due to declining Red Sea exports, and India West Coast exports having stay…
East of Suez to benefit more than Europe from LR tonne-miles drop Read More »
The tanker market has been facing geopolitical turbulence once again. In its latest weekly report, shipbroker Gibson said that “it has been another turbulent week in the oil and tanker markets. Whilst U.S. tariffs on Canada and Mexico were postponed fo…
Tanker Market Under Geopolitical Pressure Again Read More »
Greece is one of the maritime industry’s global powerhouses. Greek shipowners control over 20% of the global fleet and account for 60% of the EU-controlled fleet. The industry’s contribution to the Greek economy makes up 7% of the country’s GDP and whi…