Ships’ recycling activity has started to retreat to normal levels after the initial rush by ship owners, as the market gradually reopened, following weeks of hiatus.In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after last we…
Demolition Activity Subsides After Initial Flurry of Deals Read More »
Ship owners have been more active in doing deals in the S&P market, rather than the newbuilding one. In its latest weekly report, shipbroker Banchero Costa noted that it was an “active week in the dry bulk market: a Japanese Capesize named CAPE AGN…
Ship Owners More Active in the S&P Market Read More »
The implications from Libya’s latest absence from the tanker market are bound to affect rates in this part of the world. While a return to stability appears to still have some way to go, before it’s materialized, recent efforts to restore production an…
Libya’s Return to The Market Could Help Tankers Read More »
The offshore shipping is expected to face more headwinds, at least in the short-term, before being able to mount any sort of comeback in the future. In its latest weekly report, shipbroker Intermodal said that “in contrast to the economic projections o…
Offshore Shipping “Players” in Dire Straits Read More »
Shipping is bound to witness a difficult market in the coming months, with most market delegates adopting a “wait-and-see” stance in every aspect of their business, which in itself could delay the market’s comeback. With things in the supply side of th…
Shipping Stuck Between A “Rock and a Hard Place” Read More »