The ship recycling market has seen a steady flow of vessels over the course of the past week, mainly from the container and dry bulk segments. In its latest market report, Best Oasis (www.best-oasis.com), one of leading cash buyers of ships worldwide, …
Ship Recycling Market Sees Steady Flow of Ships Read More »
Tanker newbuilding orders have been dominating this week’s “charts”. In its latest weekly report, shipbroker Banchero Costa said that “tankers maintain their dominance in the order book. This week, an option for 2x 75,000 dwt LR1 (scrubber-fitted + LNG…
Tanker Newbuilding Orders Dominating Activity Read More »
High tanker prices appear to be acting as a block to more agreements moving forward, despite the fact that demand is evident. In a recent weekly report, shipbroker Xclusiv said that “the tanker sale and purchase market present an interesting contrast b…
High Tanker Prices Dent Sales Transaction Volume Read More »
In a recent weekly report, shipbroker Intermodal said that “the Strait of Hormuz represents a vital artery for global trade, especially in the oil and gas industry. In this report, we will focus on how a potential blockage of the Strait of Hormuz (with…
Is a closure in the Strait of Hormuz on the cards? Read More »
The price for a modern VLCC has been hovering near record levels over the past few months.In its latest weekly report, shipbroker Gibson said that “VLCC asset prices appear to be caught in a paradoxical market scenario. While conventional market sentim…
Tankers: Are VLCCs Overpriced? Read More »