Tanker ordering has picked up this year, however it seems that supply will remain low, compared to demand. In its latest weekly report, shipbroker Gibson said that “2023 has seen a notable increase in new tanker ordering activity and as the year slowly…
Tanker Newbuilding Activity in 2023 Focused on Aframax/LR2 Ships Read More »
The US has edged ahead of the rest, as the world’s largest LNG exporter during the first 10 months of October. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade has continued to surge last year, helped also by …
US Consolidates Its Leading Position as World’s Largest LNG Exporter Read More »
The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the dry bulk m…
The newbuilding ordering activity has slowed down over the past week, but interest has remained high for some specific sectors. In its latest weekly report, shipbroker Allied said that it was “a quieter week than the last, though clear interest remains…
Newbuilding Ordering Activity Slows Down Read More »
The ship recycling market has kept its sluggish pace of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the sluggish market continues with little activity or hope for some change in the pattern for the remainder of the y…
Sluggish Ship Recycling Market The Norm Read More »