The ongoing truce and ceasefire agreement between Israel and Hamas has sparked speculation over the resumption of ships’ passage through the Suez Canal. Although the truce seems to bring some respite to regional tensions, the complete functioning of th…
Peace at Red Sea unlikely to scramble LNGCs to change course Read More »
The global ship recycling market has been under pressure during the start of 2025, following the overall trend of 2024. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the global ship recycling ma…
Global Ship Recycling Market Still Under Pressure Read More »
A new report from UCL Energy Institute Shipping and Oceans Research Group and UMAS reveals significant risk in some of the options the International Maritime Organization (IMO) is considering, for enabling shipping’s energy transition. The analys…
The momentum in the freight market has weakened as we approached the end of January and the onset of the Chinese New Year. The prevailing oversupply situation continues to significantly pressure market sentiment, compounded by a decline in demand for t…
Dry Weekly Market Monitor: Capesize Market Insights Read More »
More and more deals are being reported in the S&P market, as things are starting to heat up. In its latest weekly report, shipbroker Banchero Costa said that “in the Ultramax segment NORD MAGELLAN 63,000 dwt 2020 Iwagi built (SS due 2025 BWTS fitte…
Shipping: More S&P Deals Coming Through Read More »