A lucrative ship repair market in Europe

The global industry for repair and maintenance will benefit from the restoration of trade post-Covid lockdowns, among other factors, a report by the research agency Future Market Insights (FMI) has found, predicting a CAGR of 6.6% up to 2033 and a revenue of $50.3 billion.

”Europe is expected to be one of the most lucrative markets across the globe,” the report says. ”Germany is predicted to lead the Europe ship repair and maintenance services owing to the emphasis on research and development...

https://maritime-professionals.com/a-lucrative-ship-repair-market-in-europe/

Tsakos negotiates contract switch from boxships to tankers with Korean yard

Illustrative of where pundits think the markets will go in 2023, Alphaliner is reporting Greece’s Tsakos Shipping and Trading is negotiating the conversion of orders for two 2,782 teu container vessels into contracts for suexmax tankers, citing numerous broking reports. Tsakos has eight 2,782 teu...

https://splash247.com/tsakos-negotiates-contract-switch-from-boxships-to-tankers-with-korean-yard/

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