Seaborne LNG imports to the EU have grown in size and importance of late, reversing the trend set for the most part of 2021. In a recent note, shipbroker Banchero Costa said that “global seaborne LNG (liquified natural gas) trade has been very disappoi…
EU LNG Imports Were on the Decline, But Not Anymore Read More »
The ship recycling market has been characterized by a limited tonnage supply throughout 2021, thus limiting overall performance. In its end of year summary of the demolition market, shipbroker Clarkson Platou Hellas said that “it was hoped that we woul…
Demolition Market in 2021: A Limited Supply of Tonnage Was the Main Trend Read More »
A recovery in freight rates, combined with underinvestment during the past 12-18 months, has led to a remarkable rise in ship sales. In a recent note, shipbroker Allied Shipbroking said that “it has been a year of recovery for shipping markets, while t…
Year of Recovery in Rates, Brought New Records in Ship Sales Volumes Read More »
The S&P market for dry bulk carriers mirrored the great performance of the freight market – for the most part – during 2021. In a recent report, shipbroker Intermodal said that “as an outstanding year for the dry bulk freight market ended, so did a…
2021 an Outstanding Year for Dry Bulk Carrier Acquisitions Read More »
The dry bulk market fared much better than the tanker one, during 2021, as the pandemic continued to wreak havoc in many markets, affecting demand and supply. In its latest weekly report, Xclusiv Shipbrokers said that “as 2021 draws to a close, we have…
2021: A Mixed Bag for Shipping Read More »