Adverse sentiment has taken a toll in the demolition market this week. In its latest weekly report, Clarkson Platou Hellas said that “it has been a sluggish week with many buyers feeling reluctant to offer on tonnage as the Global distress currently be…
The Pandemic’s Latest Wave of Infections Hits Demolition Activity Read More »
The energy mix is bound to shift, as fossil fuels are expected to take a back seat, in favor of alternative fuels. As such, the tanker market is going to face structural changes moving forward. In its latest weekly report, shipbroker Allied Shipbroking…
Tanker Market in the Cusp of a Structural Change Read More »
An increase of seaborne crude oil exports from Canada could be the case in the future, after the latest setback regarding the Keystone XL pipeline project. In its latest weekly report, shipbroker Gibson said that “some major but unsurprising decisions …
Canadian Oil Exports Could Offer Support to the Tanker Market Read More »
Seaborne coal trade has retreated during 2020, as major exporters witnessed lower trade figures. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2020, global seaborne coal trade declined by as much as -12.7% year-o…
Dry Bulk Market: Seaborne Coal Trade Down 12.7% in 2020 Read More »
The coming decade will prove crucial in determining which fuel and propulsion technologies are the optimum, in carving the best path possible towards shipping’s decarbonization. In its latest weekly report, shipbroker Intermodal commented that “as we h…