Newbuilding orders picked up over the past week, while many ship owners also opted for more secondhand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “a moderate rise in activity was seen this past week, without any impre…
More Newbuildings and Second Hand Tonnage Traded this Past Week Read More »
Structural changes in the shipbreaking industry in the Southeast Asia region are about to provide additional support to the demolition market. In its latest weekly report, the shipbroker Clarkson Platou Hellas said that “the budget announcement from In…
Shipbreaking Industry Receives a Boost Read More »
The dry bulk market could be set for a sustainable rebound in the coming months and years, if the existing fundamentals are maintained. In its latest weekly report, shipbroker Intermodal said that “2020 the year from hell for the entire world, had ever…
Dry Bulk Fleet Down By 200 Units in 12 Months Read More »
The VLCC tanker market shouldn’t have high hopes, when it comes to more capacity for crude oil exports from the US market. In its latest weekly report, shipbroker Gibson said that “with everything the pandemic has thrown at the oil industry, the last t…
VLCCs Shouldn’t Expect Much When it Comes to US Gulf Export Prospects Read More »
As the pandemic raged during 2020, EU’s crude oil imports took a dive. In its latest weekly report, shipbroker Banchero Costa said that “in 2020, Europe emerged as one of the pre-eminent epicentres of the COVID19 crisis. The lockdowns taking place in m…
EU Crude Oil Imports Took a Dive in 2020, As the Pandemic Raged Read More »