Despite the efforts towards the global economy’s decarbonization, coal still remains a key component, still feeding demand for large bulkers. In its latest weekly report, shipbroker Xclusiv said that “despite widespread discussions of green energy and …
Coal Demand Keeps Large Bulkers In High Demand Read More »
The newbuilding market activity has kept rising over the past week. In its latest weekly report, shipbroker Intermodal said that it was “another busy week for the newbuilding market with several orders for both tankers and bulkers. There were a total o…
Newbuilding Market Picking up Pace Read More »
The ship recycling market is still in bearish mode, despite the fact that cash buyers are looking for more demo candidates. In its latest weekly report, Best Oasis (www.best-oasis.com), the world’s leading cash buyer of ships, said that “the ship recyc…
Ship Recycling: Stagnation is the Norm Read More »
Sailing speeds of older ships in particular have slowed down considerably, as a result of the latest emission reduction rules. In its latest weekly report, shipbroker Intermodal said that “the integration of the Energy Efficiency Existing Ship Index (E…
Bulkers Slowing Down to Comply With Emission Rules Read More »
The Panama Canal, one the world’s largest shipping gateways is plagued by drought issues, adding another factor in the shipping market’s freight rate equation. In its latest weekly report, shipbroker Gibson said that “the Panama Canal stands as one of …
Panama Canal Drought Issues Improved, But Not Eradicated Read More »