The ship recycling market has remained stagnant over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “in India, the market remains stable, with the situation expected to persist until…
Ship Recycling Market Remains Stagnant Read More »
Despite rising prices, the global newbuilding orderbook has kept growing. In a recent weekly analysis, shipbroker Xclusiv said that “despite increasing prices, the orderbook for the four main vessel categories (bulk carriers, tankers, containers & …
Global Newbuilding Orderbook Keeps Growing Read More »
Trade disruptions have had a significant impact on tanker rates this year, limiting supply, boosting rates and thus leading to a handful of ships being scrapped. In its latest weekly report, shipbroker Gibson said that “the onset of the EU’s Emission T…
Limited Tanker Scrapping and Supply Boosts Rates During First Half of 2024 Read More »
The Capesize market has benefited from the resumption of Australian coal exports to China after a period of tension between the two countries. In a recent weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace i…
Dry Bulk Market: Australian-China Trade Route Recovering Read More »
The recent rise in the dry bulk freight market has reinforced shipowners’ “appetite” for more second hand bulkers. In its latest weekly report, shipbroker Banchero Costa said that “it was an active week in the bulker market: the Capesize IRON PHOENIX 1…
Dry Bulkers in Demand as Rates Move Higher Read More »