The lack of tonnage persisted in the ship recycling markets this past week. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships said that “the ship recycling sectors in four key destinations faced chall…
Lack of Tonnage Plaguing the Ship Recycling Market Read More »
Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the capacity has risen 11% to 29.5m TEU, the fastest fleet growth in 15 years,” says Niels Rasmussen, Chief Shipping Analyst …
Container ship fleet expands by 11%, fastest growth in 15 years Read More »
Global coal demand is set to remain broadly unchanged in both 2024 and 2025 as surging electricity demand in some major economies offsets the impacts of a gradual recovery in hydropower and the rapid expansion of solar and wind, according to the IEA’s …
Global coal demand is set to remain broadly flat through 2025 Read More »
More and more shipyards are coming back online, or are expanding their existing facilities, in order to cope with growing demand for new ships. In its latest weekly report, shipbroker Xclusiv said that “newbuilding activity remains robust with vessel d…
Shipbuilders Reopen or Expand to Meet Growing Demand Read More »
Cargo-carrying capacity in the China-owned fleet of merchant ships – bulk carriers, tankers, container ships, gas carriers and other ship types – continued to grow strongly in recent years. A large volume of newbuildings on order points to further expa…
A rapidly growing China-owned fleet Read More »