The ship recycling market has steadied across various markets, over the course of the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling industry across key re…
Ship Recycling Market Steadies Read More »
Ship owners have kept on buying more second hand dry bulk carriers over the last week. In its latest weekly report, shipbroker Banchero Costa said that there was “busy drybulk activity with action taking place in all the different segments. We see some…
Bulkers In High Demand Among Ship Owners Read More »
Dry bulk shipments are shifting trade routes, with various crop conditions around the world, making an impact. In its latest weekly report, shipbroker Intermodal said that “in examining global bulk shipments, what stands out is the weakening of corn ex…
Dry Bulk Trade Shifting Trade Routes Read More »
An increase in returns has lured more ship owners into investing in the tanker sector, through newbuilding contracting. In its latest weekly report, shipbroker Gibson said that “investment in new tankers today is not a simple decision, considering moun…
Tanker Returns Brings in More Investment in Newbuildings Read More »
The tanker market showed improved performance during the month of September, according to OPEC’s latest monthly report. Dirty spot freight rates for VLCCs and Suezmax witnessed an improved performance in September, while Aframax rates moved lower. VLCC…
Tanker Market Improved in September Read More »