Last week, the Greek owner reportedly sold three Japanese-built eco kamsarmaxes to compatriot owners paying generously for Japanese-built eco kamsarmax tonnage, ships still in demand, despite uncertainty in the spot market.� ... .
European and US shipowners have sold at least 230 ageing tankers into the “shadow fleet” used by Russia to evade western sanctions on its oil exports and help fund its war against Ukraine, an international investigation reveals.
European Shipowners (ECSA) welcome the focus of European Commission’s new Competitiveness Compass on competitiveness and open trade as a prerequisite to the continent’s security, resilience and growth.