The ship recycling markets have remained weak over the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that in India, “the market softened during the week, with values continuing to face …
Ship Demolition Markets Still Weak Read More »
Ship owners have intensified their investment in the newbuilding and S&P markets over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, German owner Neu Seeschiffahrt placed an order of 6 x 342,000…
Newbuilding Activity Picking Up Pace Ahead of the Holiday Season Read More »
Soybean cargoes have been gaining market share in the dry bulk shipping trade. In its latest weekly report, shipbroker Intermodal said that “soybeans have again emerged as one of the most influential variables for dry bulk demand, especially for Kamsar…
Dry Bulk Shipping: Soybean Trade Gaining Market Share Read More »
A fleeting peace deal in Ukraine is still the case, but with progress being made, tanker market analysts are trying to gauge the potential impact in demand and supply. As such, any significant shift in tonne miles in the crude tanker market, would come…
Tanker Market Looking for Cues Read More »
The tanker market faced further headwinds during the past month, OPEC said in its latest weekly report. Dirty tanker spot freight rates showed further strength in November, supported by seasonal factors and an uptick in demand for mainstream vessels. V…
Tanker Market Slowed Down During November Read More »