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The shipping industry could face some headwinds, as a result of the latest banking crisis, together with the constant increase of rates. In its latest weekly report, shipbroker Xclusiv said that “despite the banking crisis and the “shaking” of the…

Newbuilding orders have rebounded strongly over the course of the past week, while demand was increased in the S&P market as well. In its latest weekly report, shipbroker Allied said that “this week saw strong contracting activity, although it lacked…

A slowdown in the ship recycling market should be expected in the following weeks, as a result of the holy month of Ramadan. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the holy month of Ramadan has…

The tanker market’s prospects look brighter by the day. In its latest weekly report, shipbroker Intermodal said that “the crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S.…

Shipping’s decarbonization process is in full swing as pressure is mounting for a cleaner industry. Carbon capture could be one of the technologies to help towards the end goal and climate neutrality. In its latest weekly report, shipbroker Gibson said…

The seaborne coal market grew by almost 6% during 2022, reversing the negative trend of the previous years. As more countries chose to boost their use of conventional energy, coal was again in high demand. However, Australia’s coal exports were…

The dry bulk market’s recovery is in full swing, with rates rebounding on a steady pace. In its latest weekly report, shipbroker Xclusv said that “the dry market continues its “counterattack” from mid-February lows. BCI closed at 1,931 points mark,…

The newbuilding contracting activity has been hampered so far this year, by elevated prices. However, owners are interested in placing more orders in the gas, product tanker and container segments. In its latest weekly report, shipbroker Allied Shipbroking said that…

The apparent lack of more willing sellers has hampered any further growth in the ship recycling market, over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “Bangladeshi recyclers continue to lead…

Mid-sized bulkers are expected to take advantage of more favorable demand conditions moving forward, in terms of grain trade. In its latest weekly report, shipbroker Intermodal said that “following the latest report on World Markets and Trade, USDA raised its…