Recent News

Greek Shipping Leads the Way


“We must free ourselves from the hope that the sea will ever rest. We must learn to sail in high winds.” – Aristotle Onassis It is nearly a decade since the global crisis began, and despite the ongoing austerity and economic uncertainty in Greece, Greek shipping has ...

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Ban Carriage of Non-Compliant 2020 Bunker Fuel: ICS – Ship & Bunker


An International Chamber of Commerce (ICS) proposal to ban to the carriage of non-compliant bunker fuel prior to the 2020 0.5% sulfur cap coming to force will be put to the International Maritime Organisation (IMO).

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Dry Bulk Market at Peak Level


The dry bulk market’s recent corrections seem to be helpful for the latest rally to “sink in” and for the restoration of the market’s balance and a rethinking of the prevailing fundamentals. However, according to Allied Shipbroking, the metals’ prices rally ...

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BIMCO: 45 More VLCCs Needed to Back China’s Crude Oil Demand Growth


Chinese crude oil demand needs 45 additional very large crude carriers (VLCCs) to support growth in imports of seaborne crude oil, according to BIMCO’s estimates.

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