Analysts warn proposed fees on China-built container ships importing goods into the US may have unintended consequences, including port congestion, increasing freight rates and shifts in global trade patterns. The Trump Administration has announced pla…
The ship recycling market performance has remained muted over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “EUSRR has been evaluated in a recent European Commission report, highlig…
Ship Recycling Activity Still Muted Read More »
Recent observations indicate that imported iron ore stocks at China’s major ports have seen a slight decrease, dropping by 529,900 tonnes, or 0.3% week-on-week, to a total of 153.4 million tonnes as of February 20. This reduction occurs even as both th…
Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates Read More »
For small and medium-sized shipowners operating fleets of 4 to 12 vessels, running a successful shipping business today requires more than just managing daily operations. Freight market volatility, rising insurance costs, regulatory changes, and operat…
The newbuilding market activity has taken a slight pause over the course of the past week. In its latest weekly report, shipbroker Banchero Costa said that “a quiet week for newbuildings. Maersk contracted 12 x 15,000 teu from at least 3 different Chin…
Newbuilding Market Cools Down Read More »