Even though newbuilding activity has increased over the past couple of months, it remains below last year’s level. In its latest weekly report, shipbroker Allied Shipbroking said that “total contracting remains below last year’s pace as earnings …
Newbuilding Activity Still Behind 2022 Levels Read More »
The shipping market had a mixed performance over the summer period. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “summer moved on and September is “ante portas” but things remain quite unchanged. The Chinese economy is still st…
Shipping Markets: Summer Was a Mixed Bag Read More »
The ship recycling market has been hampered by reduced activity for quite some time. However, shipping experts feel that the coming weeks could offer some respite. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “ss the days gr…
Is the Ship Recycling Market About to See More Activity? Read More »
China’s iron ore imports have increased so far in 2023, helping sustain dry bulk market rates. 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-Jul 2023, global loa…
China Leading Iron Ore Imports in 2023 Read More »
Russia’s crude oil export routes are in a state of constant flux, as the exporter is shifting volumes to other clients/countries, China being one of the main ones. As such, the importance of alternative and more cost-effective routes is increasing. In …