Larger bulkers were in demand in the S&P market over the past week. In its latest report, shipbroker Banchero Costa said that “in the Bulk sector, the Capesize TRADERSHIP 176,000 dwt 2006 Namura built was reported sold to undisclosed buyers at $19 …
Large Bulk Carriers in Demand Read More »
On the occasion of the Presidency of Greece, the United Nations Security Council convened a high-level open debate on the theme of “Strengthening Maritime Security through International Cooperation for Global Stability”, under the item “Maintenance of …
The global seaborne trade routes appear to be steadily return to their “factory settings” after a series of positive developments over the past few weeks. However, everything is still shaky and could reverse at any time. In its latest weekly report, sh…
Maritime Trade Routes Reshuffling Once More Read More »
The ship recycling market has remained stagnant over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the global ship recycling market remained largely stagnant this week, with limit…
Ship Demolition Still Stagnant Read More »
The shipping industry and most notably, the container shipping segment is expected to benefit from the latest positive developments in the US-China trade tensions. In its latest weekly report, shipbroker Intermodal said that “last weekend brought encou…
Shipping Stands to Benefit from the US-China Trade War Truce Read More »