The shipbuilding market could soon start to pick, as China’s major cities are emerging from the lockdowns of the previous weeks. In its latest weekly report, shipbroker Allied noted that “the newbuilding market may well be slowly on the verge of a shif…
Newbuilding Activity Could Soon Pick Up the Pace Read More »
The ship recycling market is facing strong headwinds, with prices tumbling down amid a currency meltdown. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the weekly concern of more doom and gloom sentiments from the recycling …
Demolition Market Facing Headwinds Read More »
Larger and ageing tankers have enjoyed a second lease of life through their employment in moving Iranian or Venezuelan barrels. In its latest weekly report, shipbroker Gibson said that “last year saw a notable increase in tanker demolition, recording t…
Ageing Tankers Employed in Illicit Trades, Instead of Heading for Scrap Read More »
The low numbers of bulker newbuildings bode well for the future, as supply is expected to be kept tight, with owners’ focus being container and LNG ships. In its latest weekly report, shipbroker Intermodal noted that “the newbuilding market activity ha…
Dry Bulk Orderbook Numbers Bode Well for the Future Read More »
The dry bulk market has kept on improving over the course of the past couple of weeks. In its latest weekly report, shipbroker Allied Shipbroking noted that “the dry bulk market continued on its firm trajectory, having proved once again its robust and …
Dry Bulk Market on the Rise Read More »