The activity in the ships’ recycling market has been lacklustre for a series of months now, in direct correlation with the rebound in freight rates. As a result things are starting to shift when it comes to market fundamentals, with tonnage suppl…
Ships Aren’t Being Scrapped With Enough Pace Read More »
Decarbonisation, technological transformation, increasing regulation and the tough markets of recent years are all increasing the complexity of the current business environment and challenging the effectiveness of traditional business models. With all …
Demand for second hand dry bulk carriers has gone up, as was expected after the boost in sentiment over the past few months. In its latest weekly report, shipbroker Banchero Costa noted that “the week 37 in the second hand market has been dominated by …
Dry Bulk Carriers On Demand Read More »
More tanker market turbulence should be expected in the coming weeks, as a result of the latest drone attacks, this time on Saudi Arabia’s oil facilities. In its latest weekly report, shipbroker Banchero Costa said that “on Saturday, September th…
Tanker Market in Limbo After Latest Attack on Oil Facilities Read More »
The rebound of the dry bulk market over the course of the past few months, has triggered a flurry of investment in second hand tonnage. In its latest weekly report, shipbroker Intermodal noted that “we are going through one of the rare instances where …
Dry Bulk Market’s Momentum Triggers More Investment Read More »