Prices for second hand bulkers have retreated as a result of a weakness in the dry bulk market. In its latest weekly report, shipbroker Xclusiv said that “as 2024 draws to a close with just two weeks remaining, a review of the dry bulk market reveals a…
Dry Bulk Values Plunge in Line With Shipping Market Read More »
The ship recycling market is ending 2024 in the same lackluster state it began the year. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading global cash buyer of ships, said that “the ship recycling markets across all major destinat…
Ship Recycling Still Subdued Across the Board Read More »
More newbuilding orders have kept on pouring in last week, as ship owners are looking to book berths ahead of the festive period. In its latest weekly report, shipbroker Banchero Costa said that “in the container sector MSC ordered 10 x 24,000 teu carr…
Newbuilding Orders Keep Pouring In Read More »
The LNG shipping market could be headed towards a recovery in the coming weeks and months, after the recent lows. In its latest weekly report, shipbroker Intermodal said that “shedding some light to the LNG market performance and dynamics, the commodit…
LNG Shipping Market Could Be Headed for a Reversal Read More »
The tanker market could be headed for some turbulence in the coming months. In its latest weekly report, shipbroker Gibson said that “in recent years, the tanker market has faced quite a few tailwinds. Structurally, the industry has benefitted from the…
Tankers: Choppy Waters Ahead Read More »