With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest weekly report, shipbroker Intermodal said that “the pressure on Middle E…
Tankers: Is an Oil Shortage Already Underway? Read More »
A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 cli…
VLCCs Record Breaking Pace: Where Does the Market Go From Here? Read More »
India has been importing less coal overall so far in 2026, despite an increase in imports from Russia. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Aug 2026, global seaborne coal loadings increased by +1.7% yo-y to 866.8 mln…
Dry Bulk Shipping: India Importing Less Coal In 2026 Read More »
Newbuilding ordering activity has retained its strong momentum last week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week; Chinese yards continued to dominate contracting, with Greek, Kor…
Newbuilding Orders Keep Increasing Read More »
The ship recycling market has remained trending higher, as has been the case over the past few weeks. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian recycling market remains quite buoya…
Ship Recycling Market Keeps Positive Trend Read More »