The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship recycling market remains weak and sluggish, with low demand and…
Ship Recycling Market Still Facing Challenging Conditions Read More »
The market for second hand ships has been expanding so far this year, with more deals being reported. In its latest weekly report, shipbroker Banchero Costa said that “in the dry bulk segment, SENTOSA CHALLENGER 81,600 dwt 2020 Imabari built (SS and DD…
More Activity in the S&P Market Read More »
Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal said that “in recent years, geopolitical uncertainty has been a defining characteristic of the globa…
Dry Bulk Shipping: Handysize Ships Heading Lower Read More »
New factors are constantly coming into play on a weekly basis, when it comes to influencing future oil flows and thus the tanker market as a whole. In its latest weekly report, shipbroker Gibson said that “this week Trump announced that he and Presiden…
Tanker Market: New Geopolitical Factors Come Into Play Read More »
The tanker market has been suppressed during the month of January, OPEC said in its latest monthly report. Dirty spot freight rates registered a slow start to the year. VLCCs showed the best performance in January, with the Middle East-to-East route up…
Tanker Market Suppressed During January Read More »