The ship recycling market had a modest week overall. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India “the market softened drastically by the end of the week, as sentiment turned sharply wea…
Ship Demolition Market Softened Last Week Read More »
A raft of new deals were reported as 2026 is now underway. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the bulk sector, Nantong Xiangyu secured an order from Swiss company Mercuria Energy Trading for 2…
New Year, New Deals in the Newbuilding and S&P Markets Read More »
The product tanker market has entered the new year in a more positive note, than perhaps initially expected. In its latest weekly report, shipbroker Affinity Research said that “at times in December, the AG LR list looked long, and sceptics were projec…
Product Tanker Market Prospects Looking Rosy at the Start of 2026 Read More »
Another layer of uncertainty has been thrown to the already fluid state of the tanker market, after the latest developments in Venezuela. In its latest weekly report, shipbroker Gibson noted that “if anyone expected 2026 to be less eventful than 2025, …
Tanker Market: Venezuela’s Oil Throws Another Layer of Uncertainty Read More »
The tanker market is seeking some forward momentum after the first few days of trading in the new year. In its latest weekly report, shipbroker Fearnley’s said that in the VLCC market, “no” is also a complete sentence and with WS 50 give/take having be…
Tanker Market: Correction Over, or Is There is Still Some Room Left? Read More »