Higher fuel costs will translate to a rise in freight rates for Mediterranean-bound cargoes, as a result of the fact that the Mediterranean Sea will become an emissions control area (ECA) from the 1st of May onwards. In its latest weekly report, shipbr…
Mediterranean: Emission Control Area Implementation, Will Lead to Higher Rates Read More »
Coal exports from Indonesia have been growing this year, with China ramping up its imports. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace over the past year, and is now fully back to pre-C…
Dry Bulk Market: Indonesia Coal Exports on the Rise This Year Read More »
A significant increase has been notable in the dry bulk market S&P activity so far in 2024. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk market has witnessed significant activity in the first nine months of 2024, with a s…
Dry Bulker Acquisitions Rise by 34,5% This Year Read More »
With the Indian ship recycling market waking up, sentiment is beginning to improve. In its latest weekly report, Best Oasis (www.best-oasis.com), one of the world’s leading cash buyer of ships, said that “this week in the ship recycling industry, India…
Ship Recycling Market Showing Signs of Recovery Read More »
Investors kept on buying newbuildings, despite the lull in the China market over the past week. In its latest weekly report, shipbroker Banchero Costa said that “the Chinese holidays did not slow down the pace of new orders being placed. Gas, container…
Appetite for Newbuildings Remains High Read More »