Ship recycling activity remained lacklustre last week, with markets across key recycling destinations closed during the holiday period. Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said in its weekly report that “as operations now be…
Ship Recycling Moving Ahead with the Hong Kong Convention Deadline Affecting Activity Read More »
A new factor which could alter the current “status quo” in the global iron ore and dry bulk market is entering the foray. In its latest weekly report, shipbroker Intermodal said that “the long-awaited Simandou iron ore project in Guinea is poised to sh…
Dry Bulk Shipping: A “Game-Changer” in the Iron Ore Market is Entering the Foray Read More »
The clean tanker market is expected to face a series of changes, as refining capacity is expected to shift. In its latest weekly report, shipbroker Gibson said that “total global refining capacity has been in an upwards trend for a long time, and years…
Product Tankers and Refining Growth Read More »
The seaborne coal trade has been falling so far in 2025, with Indonesia, the world’s leading exporter, being no exception to the trend. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Apr 2025, global seaborne coal loadings dec…
Seaborne Coal Trade Retreated So Far in 2025 Read More »
Questions could rise from the impact on the tanker market, in case the approximately 10% of the global fleet, currently sidelined due to sanctions, returned to the market. In its latest weekly report, shipbroker Xclusiv said that “the global tanker mar…
Tankers, Sanctions and the Outdated Sidelined Tonnage Read More »