Ships’ prices are bound to retreat in the coming weeks, under pressure from a global economical slowdown and the negative impact it will have on shipping. Amid this development, shipbroker Intermodal expects new investment opportunities to arise for bo…
Ships’ Prices Will Come Down Read More »
Ship owners have pushed forward with more newbuilding contracting activity this week, but deals in the S&P market appear to be dwindling. In its latest weekly report, shipbroker Intermodal said that “a healthy number of orders surfaced for a second…
Newbuilding Orders on the Rise, But S&P Deals Scarce Read More »
The demolition market has started to diminish during the past couple of weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the World has been further gripped by the Covid-19 virus this week as the World Health Organisation…
Demolition Market Stalling Read More »
Ship owners have been reluctant to push ahead with more deals in the S&P market, as the levels of uncertainty are quite high at the moment, while sellers of second hand tonnage are also adopting a “wait-and-see” approach. In its latest weekly repor…
Market for Ships In Flux Read More »
On 30 January 2020, the Baltic Capesize Index (BCI) closed the trading session at a record low of just 1 point. The index had closed CY19 at 1,950 points, thus wiping out 99.95% of its value in less than a month, after the seasonally weak fourth quarte…
Star Bulk – Higher risk, higher upside – time to bottom fish? Read More »