Ship owners’ “appetite” for more second hand vessels continued unabated during the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, we experienced another modest week in terms of transactions taking…
Ship Owners “Stock Up” on More Second Hand Vessels Read More »
The container shipping market has been trending lower for quite some time now. So, could some vintage tonnage start heading towards the ship recycling yards of Southeast Asia? In its latest weekly report, shipbroker Clarkson Platou Hellas said that “th…
Could Containers Start Heading Towards the Ship Recycling Yards? Read More »
The gradual electrification of the global vehicle fleet could bring a structural shift in the tanker market in the long run. But, will that be the case? In its latest weekly report, shipbroker Gibson said that “electric vehicles (EVs) can rightfully cl…
Can The Transition Towards EVs Hurt the Tanker Market? Read More »
The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in the crude oil market as well. In its latest weekly report, shipbroker Intermodal said that “amid the looming western sanctions on Russia, the c…
Current Geopolitical tensions To Shape the Tanker Market for Years to Come Read More »
The tanker market has taken advantage of a diminishing tonnage supply, combined with a significant increase in crude oil loadings. In a recent weekly report, shipbroker Banchero Costa said that “2021 was a very negative year for crude oil trade. Total …
Seaborne Crude Oil Loadings Proper Tanker Market to New Highs Read More »