Ship owners are turning towards second hand ships in the post-pandemic era, at least for now, turning their backs on newbuilding orders. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the relatively good mom…
Second hand Ships A More Attractive Proposition for Ship Owners At Present Read More »
Demand for ship recycling has started to pick up pace during the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “Pakistan certainly seems to be the talk of the town offering the most competitive levels…
Ship Demolition Market Picking Up Pace Read More »
2019 was a year in which Greek shipfinance levels stood still at $53.1bn said Petrofin Bank Research in its latest annual survey. Bank shipfinance for Greek shipping has slowed down its decline further to -0.13% compared to -1.52% during 2018 from -5.6…
Hellas: Ship Financing Reaches $53.1 Billion As Local Banks Gain More Market Share Read More »
The tanker market is bound to face some challenging times ahead, claims shipbroker Intermodal. In its latest weekly report, “after experiencing record earnings during the first half of the year, the focus of headlines concerning the tanker market has s…
Product Tankers’ Demand Could Fall By 6% Read More »
With floating storage having peaked and more tonnage being gradually released, supply is on the rise in the tanker market. With predictions for oil demand growth also ominous, the tanker market could be heading for a tough second half of the year. In i…
Tanker Market Could Suffer During the Second Half of 2020 Read More »