The clean tanker market is expected to face a series of changes, as refining capacity is expected to shift. In its latest weekly report, shipbroker Gibson said that “total global refining capacity has been in an upwards trend for a long time, and years…
Product Tankers and Refining Growth Read More »
The seaborne coal trade has been falling so far in 2025, with Indonesia, the world’s leading exporter, being no exception to the trend. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Apr 2025, global seaborne coal loadings dec…
Seaborne Coal Trade Retreated So Far in 2025 Read More »
Questions could rise from the impact on the tanker market, in case the approximately 10% of the global fleet, currently sidelined due to sanctions, returned to the market. In its latest weekly report, shipbroker Xclusiv said that “the global tanker mar…
Tankers, Sanctions and the Outdated Sidelined Tonnage Read More »
The impending enforcement of the Hong Kong Convention is bringing some turbulence in the ship recycling market, as compliance is a key factor. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “as the…
Ship Recycling Activity Under the Hong Kong Convention Influence Read More »
Activity in the newbuilding and S&P markets appears to be slowing down lately, as global economic headwinds are taking a toll. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the tanker sector, Pan Oce…
Ship Owners Slowdown Their Investments As Global Economic Uncertainty Persists Read More »