Amid the Diwali holiday in India, it’s no surprise that the ship recycling market kept its subdued activity over the past week. In its latest report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week in the ship recycl…
Demolition Market Activity Subdued Read More »
Newbuilding orders for container ships have been on the rise lately. In its latest weekly report, shipbroker Banchero Costa said that “containerships continue dominating activity. Jiangsu Rongsheng Heavy Industries will soon be re-opened after it cease…
Containership Newbuilding Orders on the Rise Read More »
A number of challenges are surrounding the future of maritime trade growth. In its latest weekly report, shipbroker Xclusiv said that “on 22nd of October the United Nations Conference On Trade And Development (UNCTAD) took place. The conference forecas…
The Maritime Trade Landscape is Shifting Read More »
The tanker market will be a mainstay in moving crude oil and products for many decades to come. However, a peak in oil demand is expected to have an impact in the way that the market currently operates. In its latest weekly report, shipbroker Gibson sa…
Tankers: A Structural Shift is Underway Read More »
India is again the fourth largest seaborne importer of crude oil, after China, the EU and ASEAN. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite the high oil prices an…
India’s Crude Oil Imports on the Rise During 2024 Read More »