“Between January and April 2025, dry bulk ship recycling has fallen 24% y/y, reaching a 17-year low despite a 35% y/y drop in the Baltic Dry Index (BDI). While weaker freight rates typically encourage the recycling of older and less profitable ships, h…
Dry bulk ship recycling falls 24% to 17-year low Read More »
With India’s and Pakistan’s clash casting a dark shadow over the region, the ship recycling market has continued to face headwinds. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the global ship r…
Ship Recycling Market Facing Headwinds Read More »
Brazil continues to strengthen its position as China’s primary soybean supplier, with this dominance mainly attributed to the country’s record harvests, competitive pricing, and the absence of tariffs that continue to impact U.S. soybeans. …
Dry Weekly Market Monitor: Soybean Dry Bulk Flows (Brazil to China) Read More »
SEA-LNG has completed its initial analysis of the IMO Net-Zero Framework following MEPC 83. The SEA-LNG coalition, which spans the entire LNG value chain, has used the independent Z-Joule cost of compliance calculator to assess the commercial implicati…
LNG pathway offers best returns under MEPC 83 Read More »
Newbuilding contracting activity from Greek ship owners has declined sharply so far this year. In its latest weekly report, shipbroker Xclusiv said that “Greek shipowners continue to demonstrate a strong and strategic presence in the global shipbuildin…
Greek Ship Owners Newbuilding Orders Down by 65% This Year Read More »