The ship recycling markets remained a mixed bag during the previous week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “in India, the market remained negative throughout the week, with no signs …
Ship Recycling Market Remains A Mixed Bag Read More »
“On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining it at 2.5-3.5% for 2026. We now expect a balanced supply/demand development in 2026 while expecting…
Container Shipping: Demand bolstered by trade lanes not bound for the US Read More »
Global shipping, moving over 80% of the world’s merchandise trade, is entering a period of fragile growth, rising costs and mounting uncertainty, according to The Review of Maritime Transport 2025: Staying the course in turbulent waters, released by UN…
Demand for second hand dry bulk carriers was quite high last week. In its latest weekly report, shipbroker Xclusiv said that “the dry S&P activity was strong this week, with the Ultramax/Supramax sector taking the lion’s share, as almost half of th…
Dry Bulkers in High Demand Read More »
USD 48 billion invested in LNG carriers could be written off by 2035 as they will be in oversupply in a 1.5°C climate scenario with declining fossil energy use, according to new research from UCL Energy Institute and Kuehne Climate Center (KCC). The fi…