The PSV market has been on the rise since the start of the year. In its latest weekly report, shipbroker Intermodal said that “the beginning of 2024 has marked one of the strongest openings of the last decade on the North Sea PSV spot market, especiall…
High Seas for PSV Spot Market in the North Sea Read More »
A lack of large vessels, available for demolition, has remained the norm over the past week. In its latest weekly report, shipbroker Best Oasis (www.best-oasis.com), said that “the ship recycling markets across India, Bangladesh, Pakistan, and Turkey s…
Ship Recycling: Lack of Available Tonnage the Norm Read More »
Tanker newbuildings remained in high demand among ship owners over the past week. In its latest weekly report, shipbroker Banchero Costa said that “tankers remained the most active sector on the Newbuilding scene with Greek Owners still in the spotligh…
Ship Owners Keep Piling Up Tanker Newbuildings Read More »
The product tanker market could see a rebalancing, as a result of shift in gasoline flows. In its latest weekly report, shipbroker Intermodal said that “the global gasoline market is in flux as major producers take steps to manage supply and prices. At…
Product Tankers: Gasosline Flows Set for a Change Read More »
The tanker market could be set for another shift, if Russia’s oil exports force buyers in China and India to look elsewhere. In its latest weekly report, shipbroker Gibson said that “with OPEC+ set to roll over existing production cuts into Q2, the cas…
Tanker Market Could Shift Again Read More »