The ship recycling market is set to face a challenging few weeks, with limited activity. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “some unexpected news circled in the market this week confirming that the oil trade relate…
Challenging Conditions Ahead for the Ship Recycling Market Read More »
India’s coal demand has the potential to become the new “China’s iron ore demand”, when it comes to generating more shipping demand for dry bulk carriers. Is that the case though and will such a scenario materialize? In its latest weekly report, shipbr…
Will India Become the New “China” for the Dry Bulk Market? Read More »
The tanker market could be set for a boost in cargo demand as a result of the return of Venezuelan oil to the market. In its latest weekly report, shipbroker Gibson said that “earlier this week, the United States announced that it has temporarily lifte…
Tankers: Positive News From Venezuela Read More »
China remains the biggest importer of crude oil in the world, marginally ahead of the E.U. In its latest weekly report, shipbroker Banchero Costa said that “China’s crude oil imports so far has been another positive period for crude oil trade, despite …
China Retains Crude Oil Import “Crown” Read More »
An aging and outdated fleet could be one of the hurdles that shipping needs to overcome, in order to achieve the decarbonization goals set by the IMO by 2030. In its latest weekly report, shipbroker Xclusiv said that “almost 7 years ahead of 2030 and q…
Will Shipping Be Ready By 2030?: Decarbonization Goals Could Be in Jeopardy Read More »