The story so far in 2026 has been quite a positive one for the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “the first four months of 2026 have delivered an unambiguous message from the dry bulk freight market: the sharp c…
Dry Bulk Market Returns to Path of Growth Read More »
Indonesia–China coal trade weakness is negatively impacting Panamax tonne-mile demand, particularly on northern discharge routes. Key Takeaways The decline in Indonesian coal exports to China is becoming increasingly evident. La Niña-related rainfall d…
Weekly Dry Market Monitor: Weak Indonesian Coal Exports Pressure Panamax Tonne Days Read More »
With VLSFO topping $1,000/mt in some ports, bunkers can represent up to 60% of total voyage costs[1]. A vessel burning just 5% above CP spec creates exposure that shipowners and operators only discover after the fixture is done. This article breaks dow…
Despite challenging overall conditions, the ship recycling markets remained firm, with a clear edge from Bangladeshi recyclers. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian local mar…
Ship Recycling Markets Remain Firm With Bangladesh Leading Read More »
Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
Hormuz oil shock tilts shipping towards alternative fuels Read More »