Address
304 North Cardinal St.
Dorchester Center, MA 02124
Work Hours
Monday to Friday: 7AM - 7PM
Weekend: 10AM - 5PM
2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th…
The start of the New Year has been, as expected, rather lackluster for the shipping market. In its latest weekly report, shipbroker Fearnleys said that “it’s been a lackluster start to the New Year in the VLCC segment and lack…
Crude oil imports into China were down 4.6% year-on-year during the first 11 months of 2022. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade,…
The ship recycling market has had a challenging 2022, with a general lack of activity. In its latest weekly report, GMS (www.gmsinc.net), the world’s leading cash buyer of ships said that “as we close out another year, sub-continent markets remain…
The global fleet has grown this year, but at various speeds for different ship markets, while the main differentiating factor moving forward is expected to be the rate of renewal, via the orderbook. In its latest weekly report, shipbroker xClusiv…
As the freight markets shifted tides during 2022, so did ship values. In its latest weekly report, shipbroker Allied Shipbroking said that “as we close off 2022, we note how much it has been a switch over year in fortunes…
The newbuilding market has seen its fair share of activity, despite the Holiday season. In its latest weekly report, shipbroker Intermodal said that “activity in the new building market was healthy last week with a couple of orders being materializing…
The ship recycling market has been under pressure for quite some time, marking 2022 as a rather turbulent year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “, there is some renewed hope that the financial restrictions…
All signs point towards a 2023 boom year for the tanker market. In its latest weekly report, shipbroker Intermodal said that “while crude tanker freight rates have made a fair bit of gains, especially during the 2H2022, the market holds…
The newbuilding ordering activity has been lower over the course of the past week, as is the case, traditionally, during the Festive period. In its latest weekly report, shipbroker Allied Shipbroking said that “this week showed a considerable decrease in…