The tanker market can’t keep relying on China’s imports, which have been a major growth factor during the past couple of decades. In its latest weekly report, shipbroker Gibson said that “in the past decade, oil demand has been defined by rapid growth …
Tanker Market: New Markets Emerging in Asia Read More »
Coal exports from Australia, the second largest seaborne exporter have been down so far. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Jun 2025, global seaborne coal loadings declined by -7.9% y-o-y to 619.2 mln t (excluding …
Australian Coal Exports Down in 2025 Read More »
With the exception of the Capesize sector, most other ship classes have seen rates trade well below the average of the past seven years for the summer period. In its latest weekly report, shipbroker Xclusiv said that “the analysis of daily Baltic Excha…
Dry Bulk Market: Rates Below Seasonal Average for Most Ship Classes Read More »
The ship recycling market lacked momentum during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye continue to face a lack of momen…
Pace Still Slow Across Ship Recycling Markets Read More »
Shipping investment activity was much more evident in the S&P market over the past week, rather than the newbuilding segment. In its latest weekly report, shipbroker Banchero Costa said that “in the Panamax segment, Vietnamese interests were behind…
Ship Owners Turn to Second Hand Ships Read More »