The ship demolition market appears to be in disarray, with prices collapsing. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “the recycling market has taken a disastrous turn for the worse this week on the back of a disti…
Demolition Market in Disarray Read More »
With Russian crude banned from EU, it’s already evident that BRICS members are bound to make up the bulk of Russia’s energy exports in the near future. In its latest weekly report, shipbroker Gibson said that “in response to Western sanctions, Presiden…
Tankers: Ton/Mile Demand Expected to Increase Read More »
In a clear sign of the turbulent times we’re experiencing, coal imports have began making their way into Europe with more cargoes entering the EU market. It’s a response to the scramble to offset the losses of Russian gas. In its latest weekly report, …
Dry Bulk Market: Coal Imports Making Their Way Into Europe Read More »
The existing supply/demand imbalance of the LNG market is expected to continue unabated in the coming months, with producers expected to face significant challenges to keep the market well supplied. In its latest weekly report, shipbroker Intermodal sa…
LNG Market Still Facing Serious Challenges Read More »
Ship owners have sped up their newbuilding contracting activity, opting for more modern tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “the impressive performance of the newbuilding market continued for yet another week. …
Newbuilding Activity Picks Up Pace Read More »