The demolition market is at a standstill for the time being. The raging pandemic in India and holidays around the world have limited activity to a significant degree. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “various hol…
Lockdowns and Holidays Plague Ship Recycling Activity Read More »
The tanker market could be about to turn a corner, as demand is expected to grow in the coming months. In its latest weekly report, shipbroker Gibson said that “in its April 2021 World Economic Outlook, the International Monetary Fund (IMF) lifted glob…
Is the Worst Over for the Tanker Market? Read More »
Existing market fundamentals appear to be supportive of the dry bulk market’s further momentum, in what appears to be rather positive news for ship owners. In its latest weekly report, shipbroker Intermodal said that “despite the current challenges as …
Dry Bulk: Fundamentals Support Market’s Further Momentum Read More »
Ship owners are contracting more bulkers in the newbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that it was “another week with few dry bulk transactions coming to light in the newbuilding market, but with some very i…
Ship Owners Are Snapping up Bulkers in the Newbuilding Market Read More »
Besides the obvious and tragic toll on human lives, when it comes to shipping, the pandemic is also having a negative impact in the demolition market. The latest outbreak, mainly in India, but in other countries as well, like Turkey, is taking a toll o…
COVID Outbreaks Taking a Toll on the Ship Recycling Market as Well Read More »