The domestic oil market in Nigeria after the operational status of the Dangote refinery, is forming new demand characteristics in the product tanker market. In its latest weekly report, shipbroker Gibson said that “after countless setbacks, unexpected …
Product Tankers: Navigating Nigeria’s Oil Trade Read More »
The trade war which has been sparked by the new US administration is set to have an impact in dry bulk trade flows. In its latest weekly report, shipbroker Banchero Costa commented that “the new government of the USA appears serious in its intention to…
Dry Bulk Shipping: The Aftermath of the New US Trade Policies Read More »
Geopolitican uncertainty has further compounded the overall subdued activity in the ship recycling market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling market remai…
Ship Recycling Hit by Geopolitical Unrest Read More »
Newbuilding ordering activity slowed down over the past week, after a series of strong contracting. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity slowed. The big player MSC increase his orderbook with 4 + 4 x 21…
Newbuilding Market Slowing Down Read More »
The shipping market for OSVs (Offshore Support Vessels), is expected to remain tight supply-wise, moving forward. In its latest weekly report, shipbroker Intermodal said that “the rebounding OSV market enjoyed a strong start in 2024 hitting record high…
OSV Shipping Market Capacity to Remain Tight Read More »