Uncategorized – Classic Cargo International

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Baseblue: “No Single Fuel Will Meet the Needs of the Whole Commercial Shipping Fleet” June 4, 2023
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 2030 mandates, set by the IMO. Baseblue was created through the merger of three […]
hellenicshippingnews...
G7 price cap threatens to squeeze tonnage supply in crude tanker market June 4, 2023
Brent prices, which surged past the $85 per barrel mark after the voluntary production cut by OPEC+, have dipped below $75 per barrel because of rising concerns over global economic health. Nonetheless, the market could head towards tight supply in 2H23 if OPEC+ continues with the ongoing voluntary production curbs as demand is likely to […]
hellenicshippingnews...
Dry Bulk Market: Capesize Market Faced Challenging Market June 4, 2023
Capesize The capes have faced a challenging week, marked by holiday disruptions. Despite a slow start to the week, there has been no shortage of cargo in both the Atlantic and Pacific regions. However, both markets have been grappling with an excess supply of tonnage, which has been putting downward pressure on the market. By […]
hellenicshippingnews...