The Bulker market entered 2026 with momentum, supported by firm asset values and solid secondhand activity. That momentum has since been tempered by the escalating crisis at the Strait of Hormuz, which has progressively weighed on ordering confidence, …
How the Strait of Hormuz Crisis is Reshaping the Bulker Market Read More »
MR ballasters in the Atlantic Basin have remained broadly rangebound, even in the post-war environment. This reflects largely offsetting vessel flows: while MRs in the Atlantic Basin have been fixing cargoes for voyages into the Pacific Basin, this has…
Atlantic MR Balance to Tighten as Eastbound Flows Dominate Read More »
The ship recycling markets have exhibited a mixed performance depending on each submarket. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “Indian recyclers continue to face challenges in securing …
Ship Recycling Market Showing Mixed Performance Read More »
China’s shipbuilding industry continues to dominate the global orderbook, and the past year has seen its top yards cement their grip on global contracting. The top 10 Chinese yards have collectively attracted significant newbuilding investment across a…
The Orderbook Giants: China’s Top 10 Yards Revealed Read More »
The US and Iran failed to reach a deal over the weekend, with the US announcing a complete blockade of Iranian ports, further undermining the already fragile two-week ceasefire starting from 8th April 2026. If enforced, vessel transits via the Strait o…
Stockdraws, sanction/replacement oil, demand loss Read More »