The ship recycling market has livened up over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “whilst levels in Bangladesh and Pakistan remain firm, but steady to an extent, prices from India h…
Ship Recycling Market Looks Alive Read More »
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any …
War in Ukraine will hurt growth in all shipping segments Read More »
The first TPM since 2019 is well underway in Long Beach, US, and though the location and many of the faces may be the same, the negotiated rates and the conversations around them are most definitely not. As the theme of this year’s TPM: ‘Relationships …
Massive spreads on long term contract rates from the Far East to the US Read More »
The tanker market is in the middle of yet another challenging situation, with predictions of future oil demand growth, now being thrown out of the window. In its latest weekly report, shipbroker Gibson said that “as the crisis in Ukraine escalates, so …
The Capesize market had a mild trading range this week hitting a high of $15,258 and a low of $13,414 to settle Friday at $13,560. While events in Europe have been disruptive, the trading activity was generally back to normal this week as most shipping…