US sanctions on Hengli refinery raise questions about sister shipyard
Shipowners say their orders are unaffected by action against yard group’s parent
US sanctions on Hengli refinery raise questions about sister shipyard Read More »
April 2026
Ship Recycling: Buying Interest Strong, But Tonnage Availability Limited
The ship recycling market is lacking available tonnage, despite strong buying interest. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains reasonably stable; however, activi…
Ship Recycling: Buying Interest Strong, But Tonnage Availability Limited Read More »
Dry Bulk Shipping: Closure of Strait of Hormuz curbs demand growth
“The Iran war and the resulting disruptions to ship transits through the Strait of Hormuz have increased uncertainty for both the global economy and the dry bulk market. Around 4% of dry bulk cargoes and tonne mile demand typically sail through t…
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Firmer Sentiment / Ballasters Dropping below 12m avg: Ballasters Vs Baltic Rates
April ends with firm sentiment in both Capesize and Panamax segments. On the C3 route, freight levels are supported by ballaster counts trending below the 12-month average. In Panamax, low ballaster availability across the P1/P2/P7 routes signals an un…
Firmer Sentiment / Ballasters Dropping below 12m avg: Ballasters Vs Baltic Rates Read More »
Edda Wind closes deal to sell off fleet to Navigare and North Star
Transaction leaves wind vessel owner with no ships or newbuildings
Edda Wind closes deal to sell off fleet to Navigare and North Star Read More »