Ship owners, shipbrokers and industry stakeholders have slowed down their discussions for new deals in the newbuilding and S&P markets, as the summer lull is upon us. In its latest weekly report, shipbroker Allied Shipbroking said that “the newbuil…
Ship Investment Activity Slows Down on Summer Lull Read More »
Through to the end of July, we saw an abrupt resumption of volatility in container freight spot markets as we move into the third quarter of 2022, a seasonal demand peak largely expected to support spot prices in the short term. This is in stark contra…
FBX Index August: Looking forward Read More »
BHP has partnered with Pan Pacific Copper (PPC), a member of JX Nippon Mining & Metals group, and Norsepower, the leading global provider of auxiliary wind propulsion systems, to reduce greenhouse gas (GHG) emissions from maritime transportation be…
The lack of vintage tonnage appears to be the main trend in the ship recycling market these days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we have now entered the month of August, the holiday season is now in full sw…
Lack of Activity in the Ship Recycling Market Read More »
While some shipyards struggled to stay afloat during the initial outbreak of COVID-19, the post-pandemic environment is predicted to usher in an encouraging era for shipyards’ orderbooks. In 2020, orders for containerships fell to their lowest number i…
A surge in shipbuilding Read More »