Conditions in the ship recycling market have been quite challenging over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling industry faced a challenging landscape thi…
Ship Recycling Market Caught Between a Rock and a Hard Place Read More »
Supply for both the dry bulk and tanker markets could be on the rise in the coming months and years, not only as a result of robust newbuilding ordering activity, but also because of a lack of demolitions. In its latest weekly report, shipbroker Interm…
Ship Supply Climbing Higher Read More »
A boost in ton-mile demand has kept older MR tankers afloat. In its latest weekly report, shipbroker Gibson said that “MR tankers, the workhorses of both the clean and occasionally dirty product markets form the largest segment of the tanker industry. …
Ageing MR Product Tanker Fleet Could Impact Future Market Prospects Read More »
Canadian iron ore exports to China and the EU have been rising. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for global iron ore trade. In Jan-Dec 2023, global loadings of iron ore increased by +5.1% y…
Canadian Iron Ore Exports on the Rise Read More »
Larger ship sizes are still quite popular among Greek owners, based on the deals reported over the past week. In its latest weekly report, shipbroker Xclusiv said that in the dry bulk market, “large sizes remain popular among Greek shipowners. On the N…
Big Ships Popular Among Greek Ship Owners Read More »