Greek owners have remained mostly sellers of dry bulk carriers over the first five months of 2026. In its latest weekly report, shipbroker Xclusiv said that “as Posidonia week drew to a close, it offered an opportune moment to reflect on activity level…
Greek Owners Primarily Sellers of Dry Bulkers Read More »
The ship recycling market was softer over the course of 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 recorded a modest correction this week; however, this should…
Ship Recycling Activity Softer Last Week Read More »
More newbuilding orders were reported last week, while deals in the second hand market were fewer. In its latest weekly report, shipbroker Banchero Costa commented that “strong number of contracts reported again this week in the newbuilding market, whe…
Newbuilding Orders Dominating Headlines Read More »
The VLCC tanker market seems to be witnessing reduced volatility after a multi-week turbulence. In its latest weekly report, shipbroker Gibson said that “the global VLCC market appears to have entered a phase of cautious stabilisation with freight rate…
VLCC Market Seems to Be Stabilizing Read More »
This year’s El Niño could bring more cargo flow shifts. In a recent weekly report, shipbroker Intermodal said that “El Niño is again becoming a factor for 2026, and its freight impact is likely to be felt mainly through Asian power demand, crop risk an…
Shipping: Will El Niño Further Disrupt Cargo Flows? Read More »