With many observers believing that even if an accord is reached regarding the safe transit of ships across the Hormuz Strait, it will always remain an area of potential unrest and peril, alternative routes are currently underway, mainly through the use…
Tanker Market: New Routes Underway, as Hormuz Status Changes Read More »
Brazil’s iron ore exports have been slowing down so far in the year. In its latest weekly report, shipbroker Banchero Costa said that “1H 2026 was another positive period for global seaborne iron ore trade. In Jan-Jun 2026, global loadings of iron ore …
Brazil’s Iron Ore Exports Slowing Down in 2026 Read More »
The tanker market in the Middle East is about to experience significant shifts, with Saudi Arabia now shifting its strategy, as a result of the war in the region and its long-term impact in the relations between the countries in the area moving forward…
Tanker Market: Saudi Arabia’s New Strategy Shifting Crude Volumes Read More »
The ship recycling market has remained subdued over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian ship recycling market remained subdued during the week, …
Ship Recycling Still Subdued Read More »
Newbuilding ordering activity has kept going strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained brisk this week, with contracting spread across the dry bulk, tanker, container and …
Newbuilding Market Still Running “Hot” Read More »