The tanker market has been the “forgotten child” of the shipping markets so far this year, facing headwinds and struggling to bounce back after the pandemic, as opposed to the dry bulk and container segments. In its latest weekly report, shipbroker Int…
Is it Time for a Tanker Market Rebound as Well? Read More »
Despite the latest efforts by governments around the world, China included, to limit the use of fossil fuel use, tanker demand is still far from over, quite the opposite. In its latest weekly report, shipbroker Gibson said that “for the past two decade…
China To Remain The Dominant Force For the Tanker Market Read More »
Ship owners have been aggressively booking newbuilding yard slots for containerships and gas carriers. In its latest weekly report, shipbroker Allied Shipbroking said that “the Shipbuilding industry continues to hold its primary focus on the containers…
Ship Owners Stock Up On Newbuilding Containerships and Gas Carriers Read More »
The ships’ recycling market has been on the up lately, as a lack of vintage tonnage has prompted more price increases. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “with the Diwali festivities set for next week, the lac…
Lack of Available Tonnage Pushes Demolition Prices Past the $600/LDT point Read More »
The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to …
Global Shipping Finance Portfolios Begin to Stabilize Read More »