The lower pricing environment and a lack of interest isn’t expected to move the needle in the ship recycling market, at least not anytime soon. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “holidays in the Far East have limi…
Ship Recycling Market Not Likely to Grow in Activity Read More »
The global fleet of tankers and bulkers has grown substantially over the course of the past decade, both as a result of newbuildings, but also due to the delay in decommissioning older tonnage. In its latest weekly report, shipbroker Xclusiv said that …
Global Fleet Grows by at Least 30% Over the Past Decade Read More »
The tanker market could face headwinds from the dollar’s strength and the effect this can have on oil demand. In its latest weekly report, shipbroker Gibson said that “as the oil market contends with growing supply tightness until at least the end of 2…
Tankers: The Effect on Dollar’s Strength Could Be a Bearish Sign Read More »
Crude oil exports from Norway and the UK, i.e. North-West Europe have been on the rise this year. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another positive period for crude oil trade, despite the high oil p…
North-West Europe Crude Oil Exports On The Rise Read More »
The tanker market is starting to fulfil its potential over the past few weeks. In its latest weekly report, shipbroker Intermodal said that “over the past month we have seen a resurgence in oil tanker freight rates as the Baltic Dirty Tanker Index (BDT…
Tanker Market on the Rise Read More »