The demolition market remains rather lively, as more tonnage has been sold for scrap. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after last week’s further strengthening in price levels, some in the industry were expecting…
Ships’ Recycling Market Heating Up Read More »
Newbuildings and ships acquired in the S&P market are in high demand these past few weeks, with many owners looking to stock up ahead of an expected strong rebound in world trade growth. According to the latest weekly report from shipbroker Clarkso…
Ship Owners Are Stocking Up on New Ships Read More »
The dry bulk market is on an upward trend, but most are unable or hesitating to predict how high and how long will the market move. This is where the FFAs are quite handy. In its latest weekly report, shipbroker Allied Shipbroking said that “at the clo…
Dry Bulk Market and FFA Contracts: What Are the Ship Owners Options? Read More »
A recovery for the tanker market is long overdue, but it seems that owners could have to wait a little longer. In its latest weekly report, shipbroker Gibson said that “as global oil demand charts a path to recovery it is becoming increasingly clear th…
Tankers Could Face Lenghty Wait For Market Recovery Read More »
In what could be seen as a temporary pause or even a reaction to rising newbuilding prices, ship owners have taken a step back from contracting more dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking said that “a lack of …
Dry Bulk Newbuilding Orders on “Pause” Mode Read More »