Newbuilding ordering activity has remained strong over the past week, while deals have sped up on the S&P front as well. In its latest weekly report, shipbroker Banchero Costa said that “the number of contracts reported slowed, although activity wa…
Newbuilding Spree Continues Read More »
Ship demolition activity has been subdued throughout 2024 and this will probably remain the case at least until the end of the year. In its latest weekly report, shipbroker Intermodal said that “demolition activity across all sectors has been notably s…
The Ship Recycling Conundrum Read More »
The wet markets have been facing adverse conditions so far in the fourth quarter. In its latest weekly report, shipbroker Gibson said that “crude and product tanker markets have been under heavy pressure so far in Q4, with clean West rates currently th…
Tankers: Weakness Across the Board Read More »
A new record has been set by China in terms of coal imports during the Jan. – Oct. period of 2024. 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 t…
Dry Bulk Shipping: China’s Coal Imports Hit Record During 2024 Read More »
The latest COP29 proves that there are large forces at play, when it comes to the economy’s decarbonization. In its latest weekly report, shipbroker Xclusiv said that “COP29, which began on 11th November 2024 and will continue until 22nd November 2024 …
Decarbonization on the Forefront Read More »