The global ship recycling market has been under pressure during the start of 2025, following the overall trend of 2024. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the global ship recycling ma…
Global Ship Recycling Market Still Under Pressure Read More »
More and more deals are being reported in the S&P market, as things are starting to heat up. In its latest weekly report, shipbroker Banchero Costa said that “in the Ultramax segment NORD MAGELLAN 63,000 dwt 2020 Iwagi built (SS due 2025 BWTS fitte…
Shipping: More S&P Deals Coming Through Read More »
The global demolition activity declined to 368 units being demolished during 2024, versus 449 in 2023 and a further 414 in 2022. In its latest weekly report, shipbroker Intermodal said that “in June 2025, the Hong Kong Convention (HKC) is set to enter …
Global Demolition Activity in 2024 Down to 368 Units Read More »
The tanker market could be impacted by the shape of the US policies moving forward, under the new Trump presidency. In its latest weekly report, shipbroker Gibson said that “following a very impactful end to the Biden era, the oil and tanker markets ex…
Tankers and the Trump Presidency Read More »
Türkiye’s crude oil imports fell by a further 16.4% during 2024, continuing the downward trend of 2023. In its latest weekly report, shipbroker Banchero Costa said that “after a positive 2023, when global crude oil loadings increased by +4.6% y-o-y, th…
Tankers: Türkiye Crude Oil Exports Fell Further in 2024 Read More »