The ship recycling market has remained subdued 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 ship recycling market remained subdued during the week, …
Ship Recycling Still Subdued Read More »
“Uncertainty over the Strait of Hormuz remains central to the outlook. A three-week ceasefire between the US and Iran allowed transits to partly recover, but safety conditions have since deteriorated. Under normal market conditions, around 4% of …
Dry Bulk Shipping: El Niño to act as a new demand shock BIMCO says Read More »
Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite Each chart shows the share of the trade’s Capesize tonne-mile demand carried by five vessel-age bands, by year from 2015 to 2026 (year-to-date). The tables below give the share in 2015…
Capesize Vessel-Age Share of Tonne-Mile Demand: Iron Ore vs Bauxite Read More »
Why is the World Shipping Council in a coalition pushing legislation in the US Congress to address cargoes stolen after exiting ports by truck or rail? The group’s chief executive, Joe Kramek, explains
The theft on land that’s concerning shipping lines Read More »
Treasury department says the mandatory scheme for transits was an extortion racket
US hits Iranian Hormuz insurance scheme with sanctions Read More »