China’s iron ore imports have been dropping so far in 2025, based on the latest data. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings …
China Iron Ore Imports on the Weaker Side This Year Read More »
The newbuilding market has kept on showing added momentum as more Greek owners were reportedly active last week. In its latest weekly report, shipbroker Banchero Costa said that “in the dry sector, Greek based company Dynacom exercised the option for 6…
Greek Owners More Active in the Newbuilding Market Read More »
The ship recycling market is trying to find a renewed sense of footing, as the transition towards HKC-compliance is underway, while geopolitical tensions flared once more, negatively impacting the market. In its latest weekly report, Best Oasis (www.be…
Ship Recycling Market Subdued Again Read More »
The LNG tanker market could benefit from a rise in global LNG supply, which can offset the current fleet imbalance. In its latest weekly report, shipbroker Intermodal said that “the global LNG carriers’ market is currently navigating a period of …
LNG Shipping: A New Market Ahead? Read More »
The tanker market showed mixed performance during the month of May, but June is expected to be a completely different story. In its latest monthly report, OPEC said that dirty tanker spot freight rates saw mixed movements in May. Aframax and Suezmax ra…
OPEC: Tanker Market Showed Mixed Performance in May Read More »