A data-driven review facilitated by the Floating Storage platform report shows the seasonality of floating storage since 2022 across VLCC, Suezmax, and Aframax fleets, the surge in Iranian-linked storage off Malaysia, and future outlooks marked by pers…
Floating Storage Hits Three-Year High Read More »
Greek owners have moved forward with a significant restructuring of their bulker fleet during 2025. The focus has been on fewer, but younger and larger ships. In its latest weekly report, shipbroker Xclusiv said that “the 2025 YTD dry bulk SnP market c…
Greek Ship Owners Pursue Dry Bulk Fleet Restructuring Read More »
“Between January and November 2025, the capacity of bulker newbuilding contracting has fallen 54% y/y to 25m DWT, reaching its lowest level since 2020. Consequently, the dry bulk orderbook is now 4% smaller than a year ago, accounting for 11% of the dr…
Bulker newbuilding contracting drops 54% to five-year low Read More »
C5 assessments have climbed back to the peak levels last seen in 4Q23, the highest in nearly a year. The momentum from October carried straight into November. Even with the Australian cyclone season beginning in November and running through April, and …
C5 Spikes to Year-High, Matching 4Q23 Peak Read More »
The ship recycling market is still seeing sub par levels of activity. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian market remains cautious this week as persistent and unpredictable d…
Slow Activity for the Ship Recycling Market Read More »