Recent News

Tanker Market In a Tight Spot


The tanker market is in a perilous place, as the US/China trade war is alive and kicking and world oil demand growth is trending downwards. Product tankers could suffer more, given that a number of oil products are directly correlated to global economic activity.

learn more →

201 Ships Scrapped During First Half of 2019


The first half of 2019 saw 201 cargo vessels sold for demolition (sum 2 million tonnes) 75% were scrapped at either Bangladesh or India, with Bangladesh receiving the majority share. Scrapping numbers were down c.18% compared to the first half of 2018.

learn more →

European Commission Extends Dutch Tonnage Tax Breaks to 2028


The European Commission (EC) has approved an extension of three amendments to the Dutch tonnage tax regime until December 31, 2028.

learn more →

Greek Ship Owners On the Market for Young Bulkers


With the dry bulk market heating up, Greek ship owners are actively looking to acquire modern dry bulk tonnage.

learn more →

ExxonMobil expands its Singapore refinery


ExxonMobil has completed an expansion at its Singapore refinery to upgrade its production of EHC Group II base stocks, aiming to enhance the global supply of base stocks and improve the integrated facility’s competitiveness.

learn more →

First phase of investments completed at Limassol Container Terminal


Eurogate Container Terminal Limassol Ltd has completed the first phase of investments at the Limassol Container Terminal, worth more than €30m.

learn more →