Cash buyers have gradually returned to the demolition market and with few tonnage readily available, prices have picked up. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with many owners and stakeholders in the industry stil…
Demolition Market On The Rise Read More »
It seems that the newbuilding market has started to recover from the recent lows, with more contracting taking place of late. In its latest weekly report, shipbroker Allied Shipbroking said that “interest for newbuilding projects is gradually starting …
Newbuilding Market Picks Up Pace Read More »
Russia is still a major player in the coal market, while Southeast Asian economies are now the main drivers of demand for the fuel. In a recent weekly report, shipbroker Banchero Costa said that “coal mining has been a key industry in Russia for a long…
Coal Market Shifting Read More »
The Presidential elections in the US, due in a few months could bring a shift in energy policy, affecting not only the US, but the global oil market and with it the tanker market as well. In its latest weekly report, shipbroker Gibson said that “for th…
A Political Change in the US Could Lead to a Shift in the Tanker Market as Well Read More »
Despite the recent lull in newbuilding orders over the past few months, the past week proved to be a different story, albeit only slightly. In its latest weekly report, shipbroker Clarkson Platou Hellas said that it was a “quite active week in terms of…
Dry Bulk Newbuilding Activity Picks Up Read More »