In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade was increasing gradually until 2023. However, in 2024 there was no growth at all, with shipment volumes down -0.1% y-o-y at 408.3 mln t. 2025, on the other hand…
LNG Shipping: Qatar’s Exports on the Rise Read More »
The shipping market has been at the forefront of the latest round of the US-China trade war. In its latest weekly report, shipbroker Xclusiv said that “the US-China trade front is once again testing shipping markets, with Washington’s planned port fees…
Shipping Caught in the US-China Trade Tensions Read More »
The ship recycling market was considerably weaker over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India, the local market has dropped substantially this week with no real buy…
Ship Recycling: Weak Demand Across the Board Read More »
Demand for second hand dry bulk carriers was high last week. In its latest weekly report, shipbroker Xclusiv noted that “this week saw heightened activity across most dry segments, led by strong appetite for modern tonnage. On the Newcastlemax front, t…
Second Hand Bulkers in High Demand Read More »
China and India’s crude demand are set to continue supporting demand in the tanker market. In its latest weekly report, shipbroker Intermodal said that “the crude tanker market in September saw a marked upswing, with rates rising to their highest level…
Tankers: China and India Offering Market Support Read More »