The dry bulk market has faced increasing headwinds in these early weeks of 2023. In its latest weekly report, shipbroker Intermodal said that “during the last weeks, the BDI has lost significant ground and has reached levels last seen at the summer of …
Dry Bulk Market Under Pressure in Early 2023 Read More »
DNV welcomed the key stakeholders of the Greek shipping community to share insights on the latest industry trends and debate how the global socioeconomic transformations affect the shipping market. Fifty-five guests attended DNV’s Greek Technical Commi…
DNV Greek Technical Committee: ESG, decarbonization and energy crisis in the limelight Read More »
The number of ice class Aframax Tanker transactions that took place in 2022 increased by 140% year on year. The majority of sales took place in the second half of the year and the average age of vessels sold was 15 years. Values for this sector have in…
Ice class Tankers are the talk of the town Read More »
The Chinese New Year celebrations, currently underway, meant more orders were contracted during the previous days. In its latest weekly report, Allied Shipbroking said that “the final week just before the Chinese New Year celebrations go into full swin…
Shipbuilding Ordering Activity Picked Up Last Week Read More »
Despite hopes that a quick economic recovery in China would boost iron ore demand, 2023 has so far been a disappointment for the dry bulk shipping sector. During the first three weeks of the year, iron ore shipments fell 13.1% y/y, the lowest volume si…
Baltic dry index slides as iron ore shipments kick off 2023 with 13.1% drop Read More »