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The dry bulk market could receive further boost from a record Brazilian soybean crop. In a recent weekly report, shipbroker Intermodal commented that “this year is expected to be a record year as far as the Brazilian soybean crop is…
The dry bulk market has improved considerably, on the back of increased demand from China. In its latest weekly report, shipbroker Xclusiv said that “ground-breaking historical events were marked this week, with India’s population to overtake China’s by mid-2023, according…
Tanker demand has boomed in the newbuilding market over the past few days, as the global orderbook remains quite low. In its latest weekly report, shipbroker Allied Shipbroking said that “ordering over the past few weeks was dominated by tanker…
A noticeable lack of tonnage supply is keeping the ship recycling industry quiet. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we approach the end of Ramadan and celebrations begin for the Eid festivities, it is…
The global orderbook rose by about 160 vessels after the end of the first quarter of 2023, despite lower annual activity. In its latest weekly report, shipbroker XClusiv said that “as the first quarter of 2023 ended, the total orderbook…
Could carbon capture and storage offer a viable solution towards shipping’s decarbonization? That seems to be the “million dollar question” these days. In its latest weekly report, shipbroker Gibson said that “recently we wrote about the potential of onboard carbon…
The trend of increasing coal imports both globally, but also from the EU has continued unabated during the first quarter of 2023. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade has really picked up pace…
Activity was rather increased this past week, both in the newbuilding, as well as the S&P markets. In its latest weekly report, shipbroker Banchero Costa said that “in the dry market Chinese owners Shandong Shipping placed an order 10 x…
The ship recycling market has returned to a “gloomy” state over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “this week clearly sums up the difficulties associated with the ship recycling…
Russia’s ability to maintain oil production levels, while also finding new export markets has been a topic of debate over the past few months. With the cap on Russian oil though, things are starting to become more complicated, especially given…