The ship recycling market is heating up, as surging commodity prices are leading to increased prices offered for vintage tonnage as well. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “the lack of tonnage and increasing …
More Tonnage Expected to Be Sold for Scrap As Prices Rise Read More »
China and the EU were the main destinations of Russian seaborne coal exports during 2021. In a recent weekly note, shipbroker Banchero Costa said that “following a disastrous 2020, with the world hit by lockdowns and recession pretty much everywhere, g…
The tanker market is expected to face a significant trade rerouting, after the latest sanctions in Russian crudes and the emergence of Iranian and Venezuelan grades as potential candidates to replacing part of the lost supply. In its latest weekly repo…
Tanker Market In Shifting Tides Read More »
Shipping finance tools are constantly evolving, with the concept of decentralised finance one of the latest developments. In its latest weekly report, shipbroker Intermodal noted that “whilst everyone focuses on the newly imposed banking sanctions and …
New Forms of Shipping Finance Underway Read More »
With many Russian owned or operated ships now firmly under threat by many countries, it’s worth attempting to gauge the size and qualitative characteristics of this fleet. In a note yesterday, shipbroker Banchero Costa said that “following the start of…
Russian Shipping Fleet Under Threat: Analysis Read More »