The ships’ recycling market started 2021 rather strongly. However, as things stand, some of the momentum built has gone, which could be an indication that some fluctuations could be on the cards. In its latest weekly report, shipbroker Clarkson Platou …
Ships’ Recycling Activity Loses Some Steam Read More »
Seaborne iron ore trade continued to be dominated by China, even more so, during the pandemic. In its latest weekly report, shipbroker Banchero Costa said that “seaborne iron ore trade remained relatively resilient in 2020, at least in Asia, despite th…
China’s Iron Ore Imports Up 6.5% During 2020 Read More »
Scrubber uptake has been quite widespread in the VLCC segment, with shipbroker Gibson estimating that up to 31% of the existing fleet already fitted with the systems, while by the end of 2021, that share is expected to increase to about 40%. Scrubber m…
One in Four VLCCs to be Fitted With Scrubbers By the End of 2021 Read More »
The tanker market posted a mild rebound during the month of December. According to the latest monthly report from OPEC, dirty tanker rates experienced a slight improvement m-o-m in December, while still remaining near multiyear lows amid a persistent i…
Tanker Market Edged Higher During December Read More »
A smaller dry bulk fleet could be on the cards for 2021, should the existing trends and estimates materialize. In its latest weekly analysis, shipbroker Intermodal said that “we expect the rise in scrap prices amid the inflection of steel prices to mul…
More Scrapping, Fewer Deliveries Bode Well for the Dry Bulk Market in 2021 Read More »