The ship recycling market has remained subdued over the course of the past week, solidifying the general market negativity of the past few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the steel markets continue to fa…
Rate Uncertainty Rules the Ship Recycling Market Read More »
The dry bulk market could receive a boost from the existing condition in the Black Sea grain market. In its latest weekly report, shipbroker Intermodal said that “global grain markets continue to remain stretched. Drought, high temperatures, heavy rain…
Black Sea Region Could Add Further Support to the Dry Bulk Market in the Coming Months Read More »
Demand for tankers aged from 15-years and older have been in high demand in the secondhand market. In its latest weekly report, shipbroker Gibson (https://www.gibsons.co.uk/) said that “this year, 15-year-old crude tanker values have broadly outperform…
Older Tankers in High Demand Read More »
The EU’s share of LNG imports via sea has grown to 24.6% during the ten months of 2022 (January-October), which means it now is the biggest importer globally. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade h…
EU is Now the Largest Seaborne Importer of LNG Read More »
The dry bulk market is expected to remain in bearish territory for the next few months analysts claim. In its latest weekly report, shipbroker Allied said that “there has been a fair amount of distress noted in the dry bulk sector for some time now. Fo…
Dry Bulk Earnings Expected to Remain Subdued for the Time Being Read More »