The pandemic led to an unprecedented consumption shock across countries that upended long-standing consumer habits. But what happens once the pandemic is over? Consumer spending, a major source of economic activity, collapsed as the first wave of the p…
The consumer demand recovery and lasting effects of COVID-19 Read More »
In the first quarter of 2024, A.P. Moller – Maersk will introduce the first in a groundbreaking series of 8 large ocean-going container vessels capable of being operated on carbon neutral methanol. The vessels will be built by Hyundai Heavy Indus…
The ship recycling market has witnessed a slight price correction during the past week, but it’s still predicted to remain firm during the second part of the year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with a slight …
Ship Recycling Predicted to Remain Firm During the Second Half of 2021 Read More »
With investors experiencing a massive upside in earnings as well as stock returns in container and dry bulk shipping, expectations have risen to similar levels for tanker shipping as well. However, unlike container and dry bulk sectors the story for ta…
Tanker shipping equities: State of the market and rising asset prices Read More »
Chinese crude oil imports fell year-on-year in June and July, ending a streak of five months of accumulated year-on-year growth. After the first seven months of 2021, China’s crude oil imports are down 5.7% compared with the same period last year. Janu…
China’s 2021 crude oil imports down 5.7% as strong start loses steam Read More »