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The grain and soybeans trade sentiment appears to be mixed for the second half of 2023, as both positive and negative factors are expected to come into play. In its latest weekly report, shipbroker Intermodal said that “the assessment of…
Financing for “green” ships is widely available and on better terms, compared to ships using conventional technologies. Following are the main findings of Petrofin Research’s latest annual report on global ship financing trends. The Petrofin Index for Global Ship Finance…
The US crude oil export trade has grown significantly over the past few years, with further growth during the first five months of 2023. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has been another…
The dry bulk market’s main themes are revolving around China’s emergence as a major coal importer and Ukraine’s grain exports. In its latest weekly report, shipbroker xClusiv said that “days go by and there is still no light at the…
A number of newbuilding contracts for container ships took place over the course of the past week. In its latest weekly report, shipbroker Allied said that “following several months of reports on the enquiries of the biggest container lines, the…
The ship recycling market hasn’t shown any signs of change over the past week, as slow activity amid a lack of tonnage, seems to be the norm these days. In its latest weekly report, shipbroker Clarkson Platou Hellas said that…
China’s seaborne coal imports have grown by 97.3% during the first five months of 2023, marking a significant shift in cargo flows and demand for dry bulk carriers. In its latest weekly report, shipbroker Intermodal said that “anticipation are high…
The crude and product tanker trades in the West Africa are about to change, after the recent inauguration of the Dangote refinery in Nigeria. In its latest weekly report, shipbroker Gibson said that “the long-awaited massive 650kbd Dangote refinery in…
In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-May 2023, global loadings of iron ore increased by +3.1% y-o-y to 620.9 mln tonnes, from…
Activity in the second-hand vessel market has been lackluster over the past few months, as a result of high prices. In its latest weekly report, shipbroker Xclusiv said that “as the first month of summer in the northern hemisphere is…