Ship owners have gone back to the scrapyards over the past couple of weeks, selling more overaged tonnage, in a bid to compensate for the newbuildings entering the global fleet in an already overburdened market. In its latest weekly report, Clarkson Pl…
Demolition Activity Returns to Growth Mode Read More »
Newbuilding ordering activity is gaining pace over the course of the past few days, as ship owners are looking to push forward with their fleet modernization and expansion plans. In its latest weekly report, shipbroker Allied Shipbroking said that “wit…
Newbuilding Orders Gather Momentum After Summer Lull Read More »
VLCC tanker owners – at least some of them – seemed to breathe a sigh of relief over the course of the past week, but questions regarding the long-term prospects of the market, still linger. In its latest weekly report, Affinity Research said that “the…
A sigh of relief for VLCCs: Temporary or Not? Read More »
Tanker owners are looking for new trends, which will shape up freight rates, hopefully towards bouncing upwards. In its latest weekly report, shipbroker Gibson said that “in the tanker market, there are many factors not directly related to shipping but…
Which Trade Routes Will Influence The Tanker Market Moving Forward Read More »
Scrubber installations, new dual-fuel engines, conversions, ballast-water treatment systems are all on the menu for ship owners looking to extend the life of their fleet beyond the… dreaded 2020. As a result, ship-repair yards are having to cope with a…
Retrofits are Creating a Boom In the Ship-Repair Business Read More »