The container ship segment has had an astonishing year thus far. In its latest weekly report, shipbroker Allied commented that “the remarkable exuberance that seems to have emerged within consumer behavior globally since late 2020 has stretched supply …
Container Shipping’s Record Year is One for the History Books Read More »
With vintage tonnage in demand, the ship recycling market is firing on all cylinders. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there appear to be conflicting reports from varied sources in the industry with some talking…
Ship Recycling Market Back to Firmer Ground Read More »
The renewal process of the global fleet has picked up pace in 2021, after a lackluster couple of years. In its latest weekly report, Clarkson Platou Hellas said that “in tankers, STX Jinhae have announced a plethora of deals this week. The yard has sig…
Newbuilding Contracting Picks Up Pace Read More »
The dry bulk market is expected to post additional gains in the weeks to come, thanks to a growing list of positive fundamentals. In its latest weekly report, shipbroker Intermodal said that “the strong freight performance since the beginning of year h…
Dry Bulk Market Looking for Next Rally Read More »
Tanker owners are eagerly awaiting for an increase in crude oil production. Still, according to shipbroker Gibson, “the tighter OPEC keep things today, the greater the potential future rewards from higher US exports could be”. In its latest weekly repo…
Tanker Owners Looking Forward to a Rise in Crude Oil Production Read More »