With China’s economy slowdown and the COVID-related measures in flux, shipping and more importantly the dry bulk segment is under pressure. In its latest weekly report, shipbroker Allied Shipbroking said that “as China announced last week a series of w…
“If China Sneezes, Shipping Will Catch a Cold”: A Saying More Timely Than Ever Read More »
The newbuilding market has picked up pace this week, with more orders being reported. In its latest weekly report, shipbroker Allied Shipbroking said that “the first full week of December brought a second healthy week of new orders. Good earning potent…
Newbuilding Ordering Activity Picks Up Pace Read More »
The ship recycling market has had a positive week after a long time, thanks to a renewed supply of vintage tonnage. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week has seen a strong supply of smaller container units …
Ship Recycling: Small Container Ships Sold for Scrap Read More »
Demand for seaborne coal cargoes could take a hit during 2023, exerting pressure on the dry bulk market as a whole. In its latest weekly report, shipbroker Intermodal said that “China’s coal imports from January to October were 230.1m mt, a decrease of…
2023 Seaborne Coal Imports Could Add Pressure on the Dry Bulk Market Read More »
The product tanker market is expected to benefit significantly from the sanctions imposed on Russian crude and products, like diesel and gasoline. In its latest weekly report, shipbroker Gibson said that “after a rather disappointing period for most of…