The global shipping industry has reached a historic turning point. After more than two centuries of reliance on fossil fuels, shipping has begun to transition towards cleaner propulsion systems as climate commitments tighten and regulatory frameworks t…
The ship recycling market had a modest week overall. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that in India “the market softened drastically by the end of the week, as sentiment turned sharply wea…
Ship Demolition Market Softened Last Week Read More »
This weekly market monitor provides an analysis of the latest freight market developments. The focus is on Capesize losses, the subsequent downward adjustments in iron ore flow volumes, and the latest supply signals as indicated by ballasters. Sharp co…
BDI Softens at Year Start as Capesize Weakness Persists: Weekly Dry Market Monitor Read More »
“In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particul…
Coal shipments to China fall 10% with further decline on the horizon Read More »
A raft of new deals were reported as 2026 is now underway. In the newbuilding market, shipbroker Banchero Costa said in its latest weekly report that “in the bulk sector, Nantong Xiangyu secured an order from Swiss company Mercuria Energy Trading for 2…
New Year, New Deals in the Newbuilding and S&P Markets Read More »