The ship recycling market is ending 2024 in the same lackluster state it began the year. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading global cash buyer of ships, said that “the ship recycling markets across all major destinat…
Ship Recycling Still Subdued Across the Board Read More »
November initially carried forward the October trend but ultimately up-ended as a result of the US presidential election injecting fresh volatility into the markets. Alongside this, good PMI figures out of China and a relatively stable sense of instabi…
FBX Index December 2024: Looking forward Read More »
Container xChange’s latest China Market Update provides critical insights into container price trends and industry sentiment heading into 2025. The report highlights findings from xChange’s annual sentiment survey that reveals that supply chain profess…
Supply Chain professionals expect container prices to rise in January 2025 Read More »
More newbuilding orders have kept on pouring in last week, as ship owners are looking to book berths ahead of the festive period. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector MSC ordered 10 x 24,000 teu carr…
Newbuilding Orders Keep Pouring In Read More »
Throughout the course of 2024, tanker values continue to hover around the highest levels since 2009, however the volume of sale and purchase activity for larger tankers has slowed considerably as the appetite for this sector takes a dip amidst market u…
Tanker market slows as market uncertainty and high values create headwinds Read More »