The challenge of an ageing tonnage across most ship classes, together with an increase in newbuildings, will create a new landscape when it comes to the characteristics of the global shipping fleet. In its latest weekly report, shipbroker Xclusiv said …
Ageing Global Fleet a Challenge Throughout the Shipping Industry Read More »
The ship demolition market has still been weak over the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained weak across all major destinations, with li…
Ship Demolition Market: Weakness Still the Main Theme Read More »
Newbuilding ordering activity has been on the rise once more, particularly in China, despite the existing tensions. In its latest weekly report, shipbroker Banchero Costa said that “after a rather quiet period, Newbuilding activity, particularly in Chi…
Chinese Newbuilding Orders on the Rise Again Read More »
Some shipping sectors will be more impacted than others from the latest USTR notice on shipping fees on Chinese-built vessels. In its latest weekly report, shipbroker Intermodal said that “the USTR Notice of Action issued on April 17 introducing fees u…
Shipping Sectors’ Impact from USTR to Be Diverse Read More »
A prolonged period of too many unknowns seems to now be the new operating reality for tanker owners. In its latest weekly report, shipbroker Gibson said that “every year since 2020, as analysts we have complained that the outlook for the market has nev…
Tanker Market: Extreme Uncertainty is the New Norm Read More »