Ship owners’ interest has shifted towards the S&P market during the past few days. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the positive momentum continues to push forward with several transactions…
Dry Bulk Second Hand Tonnage in High Demand Read More »
The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the current market sentimen…
Ship Recycling: Are High Prices Off the Table? Read More »
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a stellar couple of months for commodities, with prices and demand having ris…
Dry Bulk Market: Conditions Are Favorable for More Upward Momentum Read More »
Buyer interest has hampered the scrapping of older tonnage so far this year, despite all other factors being supportive of more demolition sales. In its latest weekly report, shipbroker Gibson said that “despite almost every driver being supportive, sc…
Tanker Scrapping Underwhelming So Far in 2021 Read More »
2021 has proven quite challenging so far for crude oil tankers. An example has been the fall in crude oil tanker loadings in the UAE, the third largest crude oil exporter in the Middle East. In its latest weekly report, shipbroker Banchero Costa said t…
UAE Crude Oil Exports Have Suffered Since the Start of 2021 Read More »