Newbuilding orders and sales in the secondhand market have intensified during the past week, as ship owners are preparing ahead of an expected boom in trade flows. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a very acti…
Dry Bulkers Are Selling “Like Hot Cakes”, While Newbuilding Orders Swell as Well Read More »
An economic resurgence of China has been enough to propel the container and dry bulk markets forward. In its latest weekly report, shipbroker Allied Shipbroking said that “China’s surging economic activity has been the main story thus far in the year, …
Chinese Factor Boosting Container Shipping and Dry Bulk Read More »
The shipping industry, together with engine manufacturers and oil companies are actively pursuing new technologies to reach the environmental goals set forth by global regulators. Within that context, one of the technologies which could be groundbreaki…
Are Carbon Capture Ships The Future? Read More »
Tanker loadings from West Africa proved to be problematic numbers-wise, during 2020. In its latest weekly report, shipbroker Banchero Costa said that ‘2020 was overall a very negative year for crude oil trade, although of course the tanker market was p…
Tankers: West Africa Crude Oil Exports on The Decline Read More »
An underwhelming demolition market has been the norm so far this year, despite expectations that a lackluster freight market, mainly for tankers, could increase tonnage sold for scrap. However, this hasn’t been the case so far, not to mention that owne…
Scrap Prices Should Rise in Order To Attract More Tonnage Says Shipbroker Read More »