The summer lull is about to hit the newbuilding ordering market soon. But until that happens, there are still some orders reported. In its latest weekly report, shipbroker Allied Shipbroking said that “relatively increased activity was seen this past w…
Newbuilding Activity Subdued, but Some Orders are Pouring in the Tanker Segment Read More »
The need to alleviate tonnage oversupply is still a major concern among ship owners. However, over the past few weeks, sales of older ships for scrap haven’t been exactly booming. In its latest weekly report, shipbroker Clarkson Platou Hellas com…
Scrapping of Older Ships Still Lagging Despite Urgent Need for More Decomissionings Read More »
A potential recovery of Brazil’s crude exports could soon offer newfound hope for tanker owners. In its latest weekly report, shipbroker Gibson said that “for some time now, Brazil has been a major source of demand for the tanker markets, both fr…
Tankers: Is There Hope from Brazil Read More »
Despite a less than positive period for freight rates in the wet sector, asset prices haven’t been all that doom and gloom. In a recent report, shipbroker Charles R. Weber said that “newbuilding prices for tankers have observed strong growth since the …
Recent regulatory changes in China regarding the use of modern vessels has brought about mayhem in the market for second hand ships, as ship onwers are scrambling to comply to the new rules. In its latest weekly report, shipbroker Intermodal said that …
New Regulations in China Bring Havoc in Ships’ S&P Market Read More »