FREIGHT MARKET OVERVIEW The Baltic Dry Index is approaching the 3,000-point threshold, supported by sustained gains across all major vessel segments, with the Capesize market continuing to lead the rally at +149% year-on-year. Current index levels repr…
Dry Bulk Vessel Crossings In The Strait Falling To Zero Read More »
Activity remained strong in the newbuilding and S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding segment “in the container sector, China Merchants H.I. secured an order for 4 x …
More Newbuilding Orders and S&P Activity in the Shipping Markets Read More »
Our Tanker Market Monitor this week reviews developments at the end of April, focusing on the ongoing disruption in the Strait as the war-driven deadlock continues unresolved for over 60 days. We shift our attention to the Atlantic market, where the US…
VLCC 5Y Tonnage Now Trades Above Newbuild Read More »
“In April 2026, coal shipments to Japan, South Korea and the EU jumped 27% y/y as these countries seek alternative energy supplies to gas to meet their electricity demand. The closure of the Strait of Hormuz has disrupted LNG shipments out of the…
Tight gas supply drives 27% jump in coal shipments to Japan, Korea and the EU Read More »
The ship recycling markets have been under pressure over the past week, although there have also been signs of slight improvement. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian market …
Ship Recycling Market Under Pressure Read More »