The rapidly improving long-term prospects of the shipping markets has prompted more owners to place newbuilding orders. In its latest weekly report, shipbroker Allied Shipbroking said that “the different outlook that has been noted since the beginning …
Newbuilding Pace Picks Up on Improved Long-Term Shipping Prospects Read More »
The demolition market is starting to exhibit healthy levels of activity once again. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it feels like there has been a bounce back from the recent ‘falls’ as sentiment once again loo…
Ships’ Recycling Market Picks up the Pace Read More »
The tanker market is about to enter its seasonally high demand period, but few – if any – experts are expecting a recovery in freight rates. In its latest weekly report, shipbroker Allied Shipbroking said that “with the summer now behind us, it is clea…
Tanker Market Will Need More Time Before it Bounces Back Read More »
Investment in tanker newbuildings is surprisingly, quite robust so far in 2021, considering the sorry state of most tanker trades. In its latest weekly report, shipbroker Gibson said that “this year has seen an impressive surge in commodity prices. Ste…
Strong LPG trade, with India’s LPG imports a significant factor has helped propel LPG tanker companies forward, during the first half of the year. In its latest weekly report, shipbroker Banchero Costa said that “global LPG trade remained fairly positi…
Global Seaborne Imports Up By 5.5% During the First Seven Months of 2021 Read More »