The ship recycling market has kept up its recovery pace, with prices rising to the levels close to the pre-Covid period. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the market continues to encourage with further improvemen…
Demolition Market in Pre-Covid Levels Read More »
Newbuilding activity has picked up pace during the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rather positive week for the newbuilding market, with a limited though number of fresh orders com…
Newbuilding Orders Pick Up Pace Read More »
In a recent weekly report, shipbroker Banchero Costa said that “the coal market has been hit by a weaker global economy as a result of COVID-19 pandemic and falling industrial electricity demand due to global shift towards cleaner energy. Indonesia, th…
Indonesia Coal Exports Retreat As a Result of the Pandemic Read More »
The rebound of the tanker market is mostly dependent on the release of a vaccine to combat COVID-19, as this will prove to be the determining factor towards unlocking the global economy and with it, oil demand. In its latest weekly report, shipbroker G…
Tankers: A Vaccine Would Boost Oil Demand Read More »
The newbuilding activity has been severely impacted by the effects of the pandemic on global trade and shipping in general, with owners scaling back their investments. It’s a situation, in which one has to include the already high uncertainty caused by…
Newbuilding Activity Heavily Impacted by the Pandemic and Environmental Regulations Read More »