Naming ceremony of Geneva Star
EMF, together with Atlas Maritime Ltd., our investors, and other key stakeholders, had the pleasure of attending the naming ceremony of Geneva Star at Agioi Theodoroi Port in Greece. Geneva Star (HN5099) is a state-of-the-art, 274-meter Suezmax vessel currently on a one-year charter with a major operator. The vessel has a cargo capacity of 157,000 […]
Black Sea shipping risk escalates after Russian strikes
Seaborne trade and energy assets crucial to hostilities Maritime risk in the Black Sea escalated sharply over the weekend after Russia launched one of its largest attacks on Ukrainian port infrastructure, damaging commercial vessels and disrupting operations around Odesa and Chornomorsk. Two Turkish-controlled ships were struck in separate incidents, including a ferry alongside port infrastructure […]
Venezuelan exports stall after US seizure
Heightened sanctions enforcement disrupts Venezuelan exports as mainstream tanker demand edges higher Venezuelan crude exports have fallen sharply following the recent US seizure of a sanctioned VLCC, with tanker movements in and out of the country now reportedly close to a standstill as owners reassess enforcement risk. Shipping data indicates that around 11 million barrels […]
Tanker markets staying strong, slight increase in VLGC earnings, steady PCTC market
Balanced supply dynamics support freight markets across segments Tanker: Continued strength in firm crude marketsIn the Suezmax segment, off-market fixing allowed charterers to cover prompt requirements with only limited rate upside, though tightening tonnage is beginning to support a more constructive near-term outlook. Aframax markets showed mixed regional dynamics, with softer conditions in the North […]