Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the ship recycling market remained largely unchanged this week, with activity leve…
Ship Recycling Unchanged After Eid Holidays Read More »
The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiations for able seafarers at a meeting of the Subcommittee on Wages of Seafarers of the Joint Maritime Commission (JMC), held in Geneva on 14 and 15 April …
Agreement Reached on New Global Minimum Wage for Seafarers Read More »
This week’s highlight focuses on the shifting trends in soybean dry bulk flows from Brazil and the U.S. to China, following the latest round of tariffs imposed amid escalating trade tensions. We had already anticipated these changes in agricultural tra…
Dry Weekly Market Monitor: Grain Dry Bulk Flows (Brazil Vs U.S.A) Read More »
Fewer tankers exchanged hands during the first quarter of 2025. In its latest weekly report, shipbroker Xclusiv said that “the tanker sales market experienced a noticeable decline in overall activity during Q1 2025, with total transactions reducing to …
Fewer Tanker Sales During the First Quarter Read More »
The spectre of significant US import tariffs, reintroduced and expanded under a second Trump administration, is casting a long shadow over global trade routes and the international transport sector, according to analysis from maritime consultancy Drewr…
Trump tariffs to trigger seismic trade shifts Read More »