The boosting of financial incentives by scrapyards over the past few weeks seems to have worked, as more and more tonnage becomes available for scrapping. In its latest weekly report, shipbroker Clarkson Platou Hellas that “after having seen some barre…
Ship Owners Reap Major Fees in the Demolition Market Read More »
In March, orders for 45 Ultra-large containerships (ULCS, 15,000+ TEU) were placed, breaking a record on its own. Adding to this; 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU and ma…
March marks turnaround for container sector with record high 45 ULCS ship orders Read More »
Low sulphur fuels continue to be readily available in major bunker locations across Europe and Africa, while HSFO380 availability has tightened further in the Canary Islands this week. VLSFO and LSMGO stems can be procured at short notice in ARA and ot…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
As global LNG production continues to grow, the industry is turning its thoughts towards the next generation of carrier vessels that will underpin the supply chain for this vital energy source. In an era dominated by the drive for decarbonisation and e…
LNG carriers – the future is flexible Read More »
A slight reduction was clear in the S&P market this past week, as Easter Holidays and Spring Break festivities were in full motion. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the overall activity mom…
Fewer Deals Were Concluded Last Week in the S&P Market Read More »