The ship recycling markets have remained strong over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains firm, with keen interest from buyers for fresh tonnage…
Ship Recycling Market Retains Positive Momentum Read More »
The most revealing part of the scrubber discussion today is what owners and charterers are choosing for newbuild vessels that will not enter service until the end of this decade – fuel flexibility is key. Greek owners provide some of the clearest examp…
Newbuild Orders Continue With Scrubbers Read More »
Persistent congestion in the Danube River has been lowering vessel availability in the Black Sea, particularly for smaller general cargo tonnage, while also affecting some dry bulk vessels. Prolonged delays are likely to keep regional freight rates hig…
A series of newbuilding orders were concluded last week, as more owners entered the market. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained active this week, with contracting spread across the container, …
More Newbuildings Ordered Last Week Read More »
Onboard carbon capture and storage systems (oCCS) could play a significant role in helping shipping reduce CO2 emissions, while alternative fuel supply chains continue to develop, according to a new Lloyd’s Register (LR) report. The report, Applying On…