One of the biggest factors shifting crude oil flows could be removed from the equation, if peace negotiations to end the war in Ukraine reach a positive outcome. In its latest weekly report, shipbroker Gibson noted that “negotiations are ongoing, and t…
Tanker Market: What’s the “Peace in Ukraine” Effect? Read More »
Most coal exporting countries have seen lower exports so far in the year, with Indonesia being no exception. The main “culprit” is China’s diminished appetite for seaborne coal imports. In its latest weekly report, shipbroker Banchero Costa said that “…
Dry Bulk Shipping: China’s Coal Imports Down 13% in 2025 Read More »
Geopolitics aren’t exclusive to the tanker market, as it seems that they could also have an impact on the dry bulk segment as well. In its latest weekly report, shipbroker Xclusiv said that “China’s rush to lock in Africa’s battery metals is not just a…
Dry Bulk Shipping and China’s Rush Into Africa’s Resources Read More »
Ship recycling market activity has remained limited throughout the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the market in India has firmed this week, with local steel sentiment sh…
Ship Recycling: Limited Activity Persists Read More »
Demand for dry bulk carriers, both newbuildings and second hand, has remained elevated over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, COSCO Shipping placed an order of 4 x 210,000 dwt newcastle…
Dry Bulkers Still in High Demand Read More »