The ship recycling markets are entering a transitionary stage. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “as the clock ticks down to the enforcement of the Hong Kong Convention, the global shi…
Ship Recycling Activity at a Crossroads Read More »
The dry bulk market’s improvement has translated to higher dry bulkers’ values. In its latest weekly report, shipbroker Xclusiv said that “the relationship between spot market performance and asset values is a core theme in dry bulk shipping. By examin…
Dry Bulkers’ Prices on The Rise as Market Improves Read More »
Crude oil imports from China have been lower during the first four months of the year. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% y-o-y to 2194.6 mln tonnes, ex…
Tankers: China Crude Oil Imports Lower So Far in 2025 Read More »
The tanker market participants have adjusted their way of doing business with sanctions on Iranian oil in mind. However, this could change sooner rather than later. In its latest weekly report, shipbroker Gibson said that “since April the US and Iran h…
Tanker Market: The Iran – US Talks and its Implications Read More »
Larger bulkers were in demand in the S&P market over the past week. In its latest report, shipbroker Banchero Costa said that “in the Bulk sector, the Capesize TRADERSHIP 176,000 dwt 2006 Namura built was reported sold to undisclosed buyers at $19 …
Large Bulk Carriers in Demand Read More »