Ships’ demolition activity has been rather slow since the start of the year, amid market uncertainty. However, things could be set for a pick up in the weeks to come. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it’s that t…
Speculative orders have vanished from the newbuilding scene of late, with the majority of ship owners making moderate and calculated moves in the market. This has been the case so far in 2019, with prices stabilizing as a result. In its latest weekly r…
Newbuilding Prices Stabilize, as Do Orders Read More »
A more cautious investors’ approach to arranging additional new vessel capacity has been a notable feature of global shipping markets in the past few years. Since orders for newbuildings collapsed to a small volume three years ago there has been a revi…
Orders For New Ships: Cautious Investors Prevail Read More »
While the IMO 2020 regulations bode well for the product tanker market, other factors can come into play, which can have a negative impact. In its latest weekly report, shipbroker Gibson said that “the US product export market has been transformed over…
Potential Threat to Product Tanker Market from Mexico’s Refining Plans Read More »
The decline and poor outlook for the Capesize market has been apparent since the start of 2019, with ship owners, instead, shifting their attention in smaller ship segments, which are faring better. This trend has been evident in the S&P market as …
Dry Bulk Market: Capesize Segment Out of Favor, as Rates Drop Read More »