The ships’ recycling market has perked up considerably over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the market finally sparked back into some life this week with demand from Pakistan being …
Demand Improves in the Demolition Market Read More »
For at least three decades, the container shipping industry has been locked in a recurring boom-and-bust loop. During times of strong macroeconomic growth, shipping rates would soar and container ship operators would reinvest their profits in new, ever…
Brazilian exports of soya beans disappointed in February, the first month of its export season. Exports reached just 2.9m tonnes, representing a 40.1% drop compared with the first month in the last season when exports totalled 4.8 million tonnes. The s…
Brazil kicks of soya been export season with a 40.1% drop Read More »
VLSFO remains less available for prompt dates in ARA, with busy barge schedules and pockets of tightness in the days ahead. ARA’s fuel oil stockpiles grew last week, after declining in the two weeks prior. There is more fuel oil in independent storage …
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Newbuilding orders have been steadily on the rise during the past few weeks and last week was no exception to this trend. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rather interesting week for the newbuilding market,…
Fresh Ordering Keeps Feeding Into the Market Read More »