Ship owners are stocking up with VLCCs, betting on a long lasting surge of rates amid Middle East instability. In its latest weekly report, shipbroker Xclusiv said that “the January–July 2026 tanker Sale & Purchase market has been considerably more…
VLCCs In High Demand Among Shipowners Read More »
The product tanker market could be faced with a limited supply of cargoes, if the upcoming refinery maintenance period takes some unexpected turns. In its latest weekly report, shipbroker Gibson said that “US refinery maintenance typically peaks in Oct…
Tanker Market: Unplanned US Refinery Outages Could Impact Freight Trade Read More »
In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive year for global seaborne iron ore trade. In Jan-Dec 2025, global loadings of iron ore increased by +3.5% y-o-y to 1,732.0 mln tonnes, based on AXS Marine vessel…
Dry Bulk Market: Australian Iron Ore Exports on the Rise Read More »
Ship owners have kept investing in more newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with contracting spread across the dry bulk, tanker and container…
Newbuilding Activity Still Strong Read More »
The ship recycling has retained its upward momentum over 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 remains positive, with buyers continuing to show interest f…
Ship Recycling Market Gaining Positive Traction Read More »