The looming strikes at U.S. ports’ will be yet another major supply chain disruption in the post-COVID era. As a result, experts have warned that a ripple effect is about to be unleashed in the global shipping market. Stamatis Tsantanis, Chairman &…
This week’s focus is on the overall decreasing pace of ballast speeds across all dry vessel class categories for the year. Notably, the Capesize segment, which initially showed an upward trend at the beginning of the year, saw its ballast speed i…
Dry Bulk Market Monitor: Ballast speed Dry All vessel classes Vs Capesize Read More »
Supply/demand balance The disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver. As a result, ship demand is forecast to grow three times faster than cargo volumes in 2024. Without it, ship supply would …
Container Shipping Market Overview & Outlook September 2024 Read More »
The ship recycling market is still lackluster, with sentiment and activity still low. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the ship recycling industry is enduring a challenging phase, m…
Ship Recycling Still Lackluster Read More »
The global shipping industry is not on track to meet its target of having zero-emission fuels account for 5% of all fuels by 2030. That’s according to a new report from the UCL Energy Institute, UN Climate Change High-Level Champions, and the Getting t…