The ship recycling market has retained its overall strength, on the back of strong buying sentiment. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian recycling market remains firm, with o…
Ship Recycling Retains Strength Read More »
A lack of available tonnage is pushing ship prices higher, with demand still growing. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding orders continued to flow this week. In the dry bulk sector, Chinese owner Yangzijiang Ma…
Ships Turning Into Hot Commodities Read More »
With rates for tankers skyrocketing and the first signs of shortages in various parts of the world, it’s obvious that pressures are mounting from the Hormuz closure. In its latest weekly report, shipbroker Intermodal said that “the pressure on Middle E…
Tankers: Is an Oil Shortage Already Underway? Read More »
A week for the record books has just been completed, with many wondering where to from here? In its latest weekly report, shipbroker Gibson said that “the VLCC markets reached unprecedented levels this week, with TD3C surging above $1.2mn/day, TD34 cli…
VLCCs Record Breaking Pace: Where Does the Market Go From Here? Read More »
India has been importing less coal overall so far in 2026, despite an increase in imports from Russia. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Aug 2026, global seaborne coal loadings increased by +1.7% yo-y to 866.8 mln…
Dry Bulk Shipping: India Importing Less Coal In 2026 Read More »