There were a total of 113 ships broken in the third quarter of 2018. Of these, 79 ships were sold to the beaches of South Asia for dirty and dangerous breaking [1]. Between July and September, three workers have lost their lives when breaking ships in …
Shipbreaking: 113 Ships Sold for Scrap During the Third Quarter of 2018 Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that it was “a relatively quiet week in the newbuilding market, with the level of reported activity scaling back slightly. Despite the small number of new contracts, things were still rela…
Second hand bulkers still more popular than newbuildings Read More »
An epidemic of ships experiencing fuel-related problems with seemingly on-spec fuels this year, starting in the US Gulf, has led to feverish speculation about the root causes with many predicting that this is a precursor for worse to come in 2020. Some…
IBIA: Barking up the wrong tree? Read More »
Shipping giant Maersk and technology firm IBM’s creation of a blockchain-enabled shipping solution, with over 90 participatory organisations, will in IBM’s words empower multiple trading partners to collaborate by establishing a single shared view of a…
Unblocking blockchain for shipping Read More »
As the dry bulk market sentiment is improving, on the back of positive fundamentals and a significant rise in freight rates, so are asset prices. Shipbroker Intermodal is taking note of the recent trends in sales prices of various dry bulk classes. In …
Dry Bulkers’ Prices Moving on Higher Ground as Market Sentiment Improves Read More »