Greek owners have remained mostly sellers of dry bulk carriers over the first five months of 2026. In its latest weekly report, shipbroker Xclusiv said that “as Posidonia week drew to a close, it offered an opportune moment to reflect on activity level…
Greek Owners Primarily Sellers of Dry Bulkers Read More »
Fitch Ratings has revised its 2026 outlook for the global shipping sector to ‘neutral’ from ‘deteriorating’, reflecting a war-driven increase in demand for alternative suppliers and routes, primarily for oil and oil products. Th…
Fitch Ratings Revises Global Shipping Outlook to Neutral on War-Led Tanker Rate Surge Read More »
Global seaborne coal flows reached 119mt in May 2026, up 5% y/y — the first month of consecutive y/y growth in 2026 so far, and with an accelerating growth rate compared with April’s revised figure of 4%. Chinese seaborne coal imports fell by 6% …
South Asian demand keeps pushing coal flows higher Read More »
The ship recycling market was softer over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market recorded a modest correction this week; however, this should…
Ship Recycling Activity Softer Last Week Read More »
Over the past four years, tanker markets have been reshaped by geopolitical shocks, with freight volatility increasingly driven by inefficiencies rather than pure cycles. The Russian invasion of Ukraine triggered a major reconfiguration of crude and pr…
Long Voyages in a Fragmented World: The Evolution of Tankers Read More »