S. Korean shipyards are faced with labor shortages in August, with unknown consequences. In its latest weekly report, shipbroker Xclusiv said that “South Korea’s shipbuilding industry is facing disruption as unions at major shipyards, including H…
S. Korean Shipyards: Labor Disruptions Ahead Read More »
A lack of vintage tonnage has kept on plaguing the ship recycling industry. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the ship recycling industry continues to struggle across all four major …
Ship Recycling: “No Tonnage, No Demand, No Party” Read More »
Asian shipyards have kept on filling up their orderbooks with more contracting activity being reported. In its latest weekly report, shipbroker Banchero Costa said that “the new building market remains vibrant, spanning multiple segments and showcasing…
Newbuilding Orders Keep “Flooding” Asian Shipyards Read More »
Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent examples, it seems that this time around oil prices aren’t going much higher, with most of this already priced in. So, unless there’…
Middle East Crisis: What could be the impact on the tanker market? Read More »
After four and a half years since the implementation of the IMO rules on low sulphur fuels, it’s more than evident that larger tanker sizes have chosen the retrofitting of scrubbers, to become compliant. In its latest weekly report, shipbroker Gibson s…
Larger Tankers Opt for Scrubbers Read More »