The ship recycling market has slowed down considerably over the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the various global holidays that transpired this week have set the tone for a slower week in relation t…
Demolition Activity Crawls to Near Halt Read More »
Performing scheduled maintenance or ship repairs is proving to be yet another challenge these days, in the aftermath of the war in Ukraine. In its latest weekly report, shipbroker Intermodal said that “while observing the ship repair market since the b…
Ship Repairs Proving Costlier and More Difficult Scheduling-Wise Read More »
An expected boost of refining activity across the globe is expected to boost demand for product tankers in the coming months. In its latest weekly report, shipbroker Gibson said that “in recent weeks, headline refining margins have surged to record lev…
Product Tankers: Growth of Refining Activity Expected to Support Freight Rate Market Read More »
The shipping markets appear to be weathering the storm of a slowdown of the global economy. In its latest weekly report, shipbroker Allied Shipbroking said that “woes continue to mount over the state of the global economy moving forward, further amplif…
Shipping – So Far – Withstands Negative Impact from Trade and Global Economy Slowdown Read More »
Ship owners have turned to second hand ships over the past couple of weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “shipbuilding activity was started off at a relatively sluggish pace at the beginning of this 2 week period…
S&P Activity Rising, as Newbuilding Orders Stall Read More »