The ship recycling market was largely unchanged versus the previous weeks, as challenges remained last week as well. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remain…
Ship Recycling Market Stagnant Last Week Read More »
The decreasing trend in the number of Capesize ballasters in the South Atlantic reinforces the recent signs of a rebound in C3 market rates, as noted in our previous weekly insights. However, on the P6 route, the decline in ballaster numbers has not be…
Capesize & Panamax Ballasters View Vs Baltic Rates Read More »
“Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, defying concerns over China’s domestic demand, its real estate crisis and producer price deflation. A combination of inventory build-up and commodity specific developments…
Chinese seaborne dry bulk imports up 6% despite economic challenges Read More »
Dry bulk carriers have been in high demand, with more deals being reported on a weekly basis. In its latest report, shipbroker Banchero Costa said that “a decent volume of activity was concluded last week, mostly for Dry Bulkers with deals reported for…
Dry Bulkers in High Demand Read More »
Data from the ICS Barometer Report 2023-2024 – launched today – has demonstrated the positive impact that improved clarity from governmental bodies such as the International Maritime Organization (IMO) have had on the sector. The comprehens…
Maritime leaders’ confidence on the rise amidst increased geopolitical risk Read More »