The ship recycling market is still lackluster, with sentiment and activity still low. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the ship recycling industry is enduring a challenging phase, m…
Ship Recycling Still Lackluster Read More »
Demand is still quite high for larger dry bulk carriers. In its latest weekly report, shipbroker Banchero Costa commented on the newbuilding market that it’s been a quiet week for bulker orders, although there’s still appetite for larger ships. The shi…
Large Bulkers in High Demand Read More »
Brazil’s soyabean exports are gaining traction, as a result of various market dynamics, which could lead to an increased cargo demand in the near future, amid a tariff war between the US and China. In its latest weekly report, shipbroker Intermodal sai…
Dry Bulk Market: Brazil’s Soyabeans Gaining Market Share Read More »
An ageing fleet is expected to favor future prospects of the LR1/Panamax market. In its latest weekly report, shipbroker Gibson said that “the LR1/Panamax market has often been referred to as a dying sector, with investment in new tonnage close to zero…
LR1/Panamax Market Expected to Benefit from Ageing Fleet Read More »
Crude oil exports so far in 2024, have returned to positive, after a drop in 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, despite the high oil prices and risks of eco…
Tankers: UAE Crude Oil Exports on the Rise Read More »