The shipbroker recycling market showed a slightly downward trend last week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week in the ship recycling industry, India saw a downward trend in t…
Ship Recycling Market Lower Last Week Read More »
Greek shipowners have spent an unprecedented US$18bn on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by VesselsValue, the data intelli…
The Capesize market rates for the Brazil to North China route have softened, yet rising iron ore exports from Brazil, particularly after a strong third quarter, and increasing port congestion suggest potential upward pressure on rates. September saw a …
Dry Bulk Iron Ore Flows, Brazil Port Congestion, Market Rates Read More »
Demand for second hand ships, most notably bulkers, continued throughout the past week. In its latest weekly report, shipbroker Banchero Costa said that “during the week the Nord Virgo 82,000 dwt built 2014 JMU (SS due 2029 ME Scrubber fitted) was sold…
Strong Momentum in the S&P Market Continues Read More »
Digitalisation is sweeping all aspects of the maritime sector. From investment decisions to day-to-day operations, high-quality and reliable data is becoming a hallmark for shipping players as they look to become more efficient. New platforms that take…
Shipping invoicing is set for digital makeover Read More »