Tanker newbuilding orders have been on the rise, as owners feel more confident to invest, given the record low orderbook. In its latest weekly report, shipbroker Allied said that “a rather interesting week for the newbuilding market took place, with a …
Tanker Newbuilding Orders Gather Pace Read More »
In early August, Atlantic Capesize freight rates posted significant increases on both a weekly and monthly basis, driving the Baltic C5TC (Timecharter Average $/d) to a weekly increase of 32%. Capesize route C8 (Transatlantic Round Gibraltar/Hamburg $/…
Dry Bulk Market: Capesize Iron Ore Flows From Australia to the Far East a Mixed Bag Read More »
Following the COVID-19 pandemic, PSC detentions have been at an all-time high. To turn the tide on this trend, a focus should be set on the main detainable items during regular maintenance. DNV has updated the Top 18 list based on the newest developmen…
Turning the trend – Update of PSC Top 18 items Read More »
A mismatch is evident in the ship recycling market, as yards are not willing to match the prices on offer. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “certain vessels achieve a certain price sometimes in this market and qu…
Ship Recycling Market in Limbo Read More »
Greece is the largest shipowning nation in the world, as Greek shipowners control the highest share, 21%, of the global merchant fleet in terms of deadweight tonnes – dwt. During the last ten years the total capacity of the Greek merchant fleet, …
UGS: Greece Maintains Its Status as Leading Shipowning Nation Read More »