Iron ore exports from Australia have been on the rise during 2023, reaching a new all-time high. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Nov 2023, global l…
Dry Bulk Market: Australian Iron Ore Exports Reach New All-Time High Read More »
A lack of activity was more than evident in the ship recycling market, over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it feels like there is a lack of ‘everything’ at the moment as there is little activity…
Ship Recycling Market Already Looking Towards 2024 Read More »
The container shipping market is expected to be hit hard by overcapacity from 2024 onwards. In its latest weekly report, shipbroker Intermodal said that “Intermodal’s recent participation in the Busan International Port Conference marked a signif…
Container Overcapacity Expected to Hit Hard in 2024 Read More »
The tanker market has had a pretty strong year in 2023. In its latest weekly report, shipbroker Gibson said that “12 months ago, we titled our closing report of 2022 ‘What the hell just happened?’. 2023 has not seen the same degree of volatility but ha…
Tankers: 2023 Turmoil, But a Strong Year Nevertheless Read More »
Dirty freight rates recovered further in November on tightening availability, yet remained below the volatile levels seen last year, OPEC said in its latest weekly report. Rates have remained steady in the first weeks of December amid relatively quiet …
Tanker Market Staged Further Recovery in November Read More »