The ship recycling market has once again heated up, with ship owners financially incentivized more than ever to sell their older tonnage. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “Sub-continen…
Ship Recycling Market is “Red Hot” Read More »
The Greek ship financing segment has experienced an improved activity over the course of the past few years, as local banks have sought to improve their offerings in the market and boost their market share. In its latest annual report, Petrofin Bank Re…
Greek Banks Improve their Ship Financing Competitiveness Read More »
The tanker market is the current “pariah” of the shipping industry, in terms of the rates it endured during the first half of the year. In its latest weekly report, shipbroker Gibson said that “the first half of last year may have seen extreme fluctuat…
Tanker Market Endures Rates at up to 20-Year Lows During First Half of 2021 Read More »
Ship owners have kept their buying interest for dry bulk carriers over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the good momentum was sustained for yet another week, given …
Demand for Dry Bulk Carriers Remains Strong Read More »
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 »