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As the debate over the potential shipping decarbonization avenues is heating up, Hellenic Shipping News (www.hellenicshippingnews.com), interviewed Mr. Dave Gregory, Managing Director of North Europe for Baseblue. According to Mr. Gregory believes that the shipping industry will struggle to meet…

The product tanker market could see a boost over the coming months, as the US inventories need replenishing in a period when demand is expected to grow. In its latest weekly report, shipbroker Intermodal said that “the MR Atlantic time…

The tanker market seems to be going through a structural change in cargo flows, with Russian oil now being, almost exclusively sold to China, India and Southeast Asia, while Europe’s imports have fallen to just 3%. In its latest weekly…

Newbuilding orders have kept growing, as owners are looking to book more berths, prior to them becoming unavailable. In its latest weekly report, shipbroker Allied said that it was “an active week in the newbuilding market, as owners face increasing…

Prices in the ship recycling market have held firm over the past week, as supply has been slow. In its latest weekly report, shipbroker Allied said that “after recent declines, ship recycling prices have held firm and even increased slightly,…

LNG shipping rates are headed for higher ground over the summer, as LNG demand is expected to keep growing. In its latest weekly report, shipbroker Intermodal said that “due to sluggish demand and massive inventories, spot LNG prices in Asia…

The tanker market could be set to receive a positive boost, from an increase in cargo availability and ton-mile demand. In its latest weekly report, shipbroker Gibson said that “in a recent tanker market report, we highlighted some of the…

LNG exports from the USA have become a main source of cargo demand for LNG shipping, as the country even managed to become the no1 exporter during the first four months of 2023, edging out Australia and Qatar. In its…

Prices for bulkers have remained high, despite the falling trend of the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “despite indices softening over the past few weeks dry bulk asset prices remain relatively firm. Indices…

Orders for dry bulkers have grown over the past week, with more owners investing in the market’s long term prospects. In its latest weekly report, shibproker Allied said that “ordering activity lost some of its pace last week, but dry…