The ship recycling market has remained largely unchanged and lackluster over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India the local market has remained weak this week, co…
Ship Recycling Still Looking for Solid Ground Read More »
The Greek fleet rose by 2.9% yoy in DWT terms bringing the total to 488.6m DWT in 2024 (Graph 1). In absolute numbers, the fleet went up by 214 vessels of all typs and sizes compared to 85 units in 2023 and 286 in 2022. The number of Greek companies we…
Greek Shipping Fleet on the Rise Read More »
Ship owners’ “appetite” for dry bulk newbuildings and second hand ships increased last week. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector, Dalian Shipbuilding Industry in China secured an order for 2 x 7,165…
Dry Bulk S&P Market Heats Up Read More »
A new market could be emerging for dry bulk shipping, which while not big enough to change trade flows, is still enough to provide some much needed momentum in the freight market. In its latest weekly report, shipbroker Intermodal noted that “the globa…
Dry Bulk Shipping: Vietnam Can Add Momentum Read More »
Russian crude flows are still one of the main talking points in the tanker crude market, especially after the latest round of sanctions. In its latest weekly report, shipbroker Gibson said that “Western economies are turning up the heat on Russia, tigh…
Tanker Market: Russian Crude Remains at the Forefront Read More »