The LNG shipping market has benefited from increased demand for LNG and tonnage supply relatively modest. In a report issued this week, ship owner GasLog Partners said that “global LNG demand was 100 million tonnes (“mt”) in the fourth quarter of 2021,…
LNG Shipping Market Going Strong Read More »
Demand for secondhand vessels, in terms of enquiries, seems to be on a high at the start of 2022, even if this isn’t currently translated to more S&P deals concluded. In its latest weekly report, shipbroker Intermodal noted that “while it is logica…
Interest in Secondhand Vessels on the Rise Read More »
Despite the demise of the dry bulk market of late, shipowners appear more optimistic in the long run, something shown by their return to shipyards over the past few days. In its latest weekly report, shipbroker Allied said that “another interesting wee…
Dry Bulk Newbuildings on the Rise, Despite Dire Market Conditions Read More »
Vintage tonnage is expected to be rather scarce during the coming weeks, as China’s Holidays and subsequent Olympics is expected to dampen ship owners’ appetite for more sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “t…
Tonnage Availability Expected to Be Scarce in Ship Recycling Market Read More »
A limited supply of fresh tonnage could speed up the recovery of the tanker segment, which unlike other parts of shipping, has failed to stage any sort of recovery over the past 18 months. In a recent report, shipbroker Allied said that “the tanker sec…
Decreased Tonnage Supply Could Help the Tanker Market’s Recovery Read More »