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Last updateΠεμ, 26 Δεκ 2024 4pm

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In the first 8-month period of 2023

bulk ships 000In the first 8-month period of 2023, the newbuilding activity in the four main sectors, dry bulk, tanker, Container and Gas, shows a slight decrease (13% down) compared to the same period of 2022. As of 25th August, a total of 751 orders have been placed, with the Tanker market driving the newbuilding activity.

As worries about China's worsening

bulk ships 000As worries about China's worsening property crisis and its effects on the economy grow, the real estate giant, Evergrande has been forced to file for U.S bankruptcy protection earlier this week. In the meantime, as China tries to revive economic growth post-pandemic, its central bank lowered the one-year loan prime rate and left the five-year rate unchanged, disappointing markets.

China, the world's second-largest economy suffered a sharp decline in exports and imports

0Κίνα3China, the world's second-largest economy suffered a sharp decline in exports and imports in July in terms of value, adding to a prolonged trade slump.

ICS membership continues to grow with the Association of Panamanian Shipowners joining

0ΠαναμάςThe Association of Panamanian Shipowners (ARPA) has become an associate member of the International Chamber of Shipping (ICS).

Τhe war in Ukraine continues

Bulk carrier 1Τhe war in Ukraine continues and there is nothing on the horizon that leaves hope for a de-escalation of tensions in the region.

CLIA’s annual European Summit and inaugural CLIA Innovation Expo will take place 11-14 March 2024

0CLIA LogoCruise Lines International Association (CLIA) announces Genoa, Italy, will be host to the 2024 European Summit and the new CLIA Innovation Expo. Both events will be part of a week of activities during 11-14 March 2024 focused on innovation, sustainability, and community.

The second quarter of the year has come to an end

bulk ships 000The second quarter of the year has come to an end, and it is time to do a quick review of the S&P market for bulk carriers and tankers. 2022 was a pretty good year for the S&P market, having about 660 transactions within the bulk carrier sector and about 710 transactions within the tanker sector.

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