The ship recycling market performance has remained muted over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “EUSRR has been evaluated in a recent European Commission report, highlig…
Ship Recycling Activity Still Muted Read More »
Recent observations indicate that imported iron ore stocks at China’s major ports have seen a slight decrease, dropping by 529,900 tonnes, or 0.3% week-on-week, to a total of 153.4 million tonnes as of February 20. This reduction occurs even as both th…
Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates Read More »
For small and medium-sized shipowners operating fleets of 4 to 12 vessels, running a successful shipping business today requires more than just managing daily operations. Freight market volatility, rising insurance costs, regulatory changes, and operat…
The newbuilding market activity has taken a slight pause over the course of the past week. In its latest weekly report, shipbroker Banchero Costa said that “a quiet week for newbuildings. Maersk contracted 12 x 15,000 teu from at least 3 different Chin…
Newbuilding Market Cools Down Read More »
China’s evolving grain import strategy reflects its increasing focus on domestic production to enhance food security and support local farmers. This shift is reshaping the global grain trade, particularly the tonne-mile demand for Panamax vessels, by r…
China’s shifting grain game is creating ripples across the global market Read More »