The ships’ recycling market has slowed down over the course of the past week, as a holiday slowdown has apparently had an impact. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the market feels stale at this current time as t…
Demolition Activity On “Holiday Mode” Read More »
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over the coming two decades. Tanker and product carrier owners need to look past the Covid-19 disruptions and t…
Asia hope for long-term oil demand Read More »
The need for updated mooring standards and practices is being driven by key changes in the shipping industry. Among the variables being introduced into the mooring equation are larger ships, new materials and new mechanical systems. “These developments…
A new look at safe mooring Read More »
Ship owners have been rather active both in the newbuiding and the second hand market for ships over the past week. In its latest weekly report, shipbroker Banchero Costa said that “several sales took place in the dry segment during the week although s…
Ship Owners Starting to Make Waves in the Market Read More »
In the past few months covid-nineteen has cast a dark shadow over dry bulk commodities. Previous trade forecasts were rendered null and void, replaced by new forecasts of dubious plausibility. The path of the pandemic and its consequences for commoditi…
Extra support for grain and soya trade optimists Read More »