Industry debate on future fuels continues to evolve, from the visionary to the practical. There are calls to consider and understand the potential consequences of the relatively minor role that shipping plays in the global industrial hierarchy for acce…
The newbuilding ordering activity has slowed down over the past week, but interest has remained high for some specific sectors. In its latest weekly report, shipbroker Allied said that it was “a quieter week than the last, though clear interest remains…
Newbuilding Ordering Activity Slows Down Read More »
In our base scenario, we expect cargo demand to grow by 2.5-3.5% in 2023, 0.5-1.5% in 2024 and 1-2% in 2025. Average haul could increase by between 0.5% and 1.5% in 2023 and between 0% and 1% in both 2024 and 2025. From 2024 onwards, there may be a dec…
Dry Bulk Market: Muted fleet growth helps maintain market balance Read More »
The dynamics of the freight market at the end of November fueled market participants’ expectations of an upturn in the final month of the year, with the Panamax ship size continuing to gain significant strength compared to the smaller vessel cate…
The ship recycling market has kept its sluggish pace of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the sluggish market continues with little activity or hope for some change in the pattern for the remainder of the y…
Sluggish Ship Recycling Market The Norm Read More »