Ships sold for recycling have increased in numbers over the course of the past few weeks. While last week wasn’t equally active in terms of deals, activity is still rather vivid, indicating that more deals are on the horizon. In its latest weekly repor…
Demolition Activity Expected to Remain Elevated Read More »
Demand for dry bulk carriers remained high over the past week. Ship owners are eager for more tonnage, on the back of improving market fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest re…
Dry Bulkers Still in High Demand Read More »
The market for US LNG exports have been rapidly expanding over the course of the past few months, providing ship owners with a significant new trade. In its latest weekly report, shipbroker Banchero Costa said that “on the back of booming shale gas pro…
US LNG Ecports Becoming a Major Read More »
The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major d…
While demand for dry bulk carriers has intensified over the past few weeks, evidence from the data of the first half of 2020 suggests that the total number of transactions is lower than the previous years. Meanwhile, the second half of 2020 could prove…
Dry Bulk Market Not “Out of the Woods” Yet Read More »