The ship repair hasn’t remained in a “business as usual” mode during 2020. In a recent weekly report, shipbroker Intermodal said that “by the end of 2020, the ship repair sector ends up in a completely different form than expected a year ago. From the …
Ship Repairs Focused on Drydock Postponements and Remote Attendances Read More »
Despite the pandemic, deals for dry bulk carriers managed to reach over 500 during 2020, a level similar to 2019. In its latest weekly report, shipbroker Intermodal, “despite the market shock in the 1H2020 and the suppression of interest in SnP, the 2H…
Dry Bulk Acquisitions in 2020 Reached Similar Levels as 2019 Read More »
LNG exports from Russia were down during the Jan.-Oct. 2020 period for the majority of destinations, apart from China and Taiwan. In a recent weekly note, shipbroker Banchero Costa said that “Russia is the fourth largest exporter of liquified natural g…
Russian LNG Exports: A Year in Review Read More »
2020 has been a turbulent year for shipping to say the least and things weren’t that different when it comes to the shipbreaking industry as well. In its latest report, shipbroker Clarkson Platou Hellas noted that “in what has been a completely turbule…
Capesizes Were The Most Scrapped Ship Class During 2020 Read More »
2020 won’t be a year to remember for newbuildings. A combination of pandemic, trade contraction and uncertainty surrounding existing and future regulation compliance guidelines, pushed more ship owners towards the S&P market for their tonnage needs…