International markets in 2025 have been characterised by pervasive uncertainty and significant pressure, reshaping prospects for trade, commodities, and finance, according to the latest analysis from UN Trade and Development (UNCTAD). The Trade and Dev…
Global trade headwinds reflected in weakening volumes Read More »
Ship recycling has kept its lackluster performance for yet another week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained under pressure this week, with most locat…
Ship Demolition Activity: Subdued Conditions Persist Read More »
“We expect that the dry bulk market’s supply/demand balance will weaken in both 2025 and 2026. Since our last update, a change in US trade policy has led to a deterioration in the economic outlook and an increase in uncertainty. Consequently, we have c…
Dry Bulk Shipping: US tariff increases drive weaker demand outlook Read More »
As of mid-April 2025, the U.S. Trade Representative (USTR) has finalized and refined its Section 301 maritime policy, significantly altering the landscape for vessels linked to China. The updated regulations, set to take effect on October 14, 2025, no…
Newbuilding activity is expected to face a period of transition following the USTR policy decision. In its latest weekly report, shipbroker Banchero Costa said that “in the dry sector Chinese builder Jiangjiang Nanyang contracted an order for 4×40…
Post USTR Policy: The Newbuilding Ordering Enigma Read More »