Overview A stunningly strong 12 months for the tanker shipping industry is now being replaced by lower freight rates, as lower oil production and demand sets in across the globe. MARKET ANALYSIS TANKER Only China bucks this trend with record-high crude…
NEWBUILDING Despite the overall uncertainty prevailing the global economy, it seems that interest for new orders in the dry bulk sector has started to rebound. This past week we noticed three new orders being placed, depicting the slow but steady retur…
Newbuilding: Dry Bulkers In Demand Read More »
Global Shipping Outlook The pace of global economic activity remained weak throughout 2019, with declining momentum in manufacturing activity and rising trade and geopolitical tensions, especially between the United States of America (U.S.) and China. …
Greek Shipping and economy 2020: The Strategic And Economic Role Of Greek Shipping Read More »
USA crude oil imports have been emerging, together with its export trade, into a major play for tanker owners, as the country remains a net importer of crude oil. In its latest weekly report, shipbroker Banchero Costa said that “driven by the shale oil…
USA Is Still a Net Crude Oil Importer Read More »
The shipping industry is not known for being a particularly active sector in Mergers and Acquisitions (M&A). However, the biggest players in the sector are more acquisitive than you might expect. The COVID-19 pandemic has had a major impact on the …
How To Spend It – Recent Trends In Shipping M&A Read More »