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Ship owners have kept investing heavily in newbuildings over the course of the past week. In its latest weekly report, shipbroker Allied said that “contracting activity continued at a decent pace last week as owners aim to secure 2025 delivery…

The ship demolition market has officially entered its slow season, as is usually the case during the summer months. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the arrival of the racing festival this week at Royal…

The dry bulk market could be further supported by China’s indication that it will throw more support towards its economy’s recovery. In its latest weekly report, shipbroker Xclusiv commented that “it remains to be seen whether the Chinese government’s actions…

The tanker market’s medium-term momentum remains positive after the latest round of reports. In its latest weekly report, shipbroker Gibson said that “last week the IEA published its much-anticipated Oil 2023 report, after being forced to cancel/postpone two of the…

Higher seaborne crude oil flows are up 8.5% during the first five months of 2023, with China, the E.U. and India, all posting higher imports. In its latest weekly report, shipbroker Banchero Costa said that “2022 was a very positive…

The number of “green” ships ordered is growing in size, as the industry is beginning its long journey towards decarbonization. In its latest weekly report, shipbroker Intermodal said that “the shipping decarbonization pathway is well underway. During 2022 the process…

With the lack of available berths threatening to limit options for the future, more and more ship owners are looking to secure more slots for future newbuildings, increasing their investment activity. In its latest weekly report, shipbroker Allied Shipbroking said…

With climate change a reality, the ongoing grain season of high demand for dry bulkers, could be impacted. In its latest report, shipbroker Intermodal said that “last week, the Australian Bureau of Meteorology predicted that there is a 70% chance…

For a long time, ship recycling conditions in South East Asia have been a target among NGOs. This can change, through the ratification of the Hong Kong Convention for the Safe and Environmentally Sound Recycling of Ships. As such, last…

The tanker market is expected to keep finding support from US oil exports moving forward. In its latest weekly report, shipbroker Gibson said that “as the US oil sector recovers from several challenging years, attention has been turning to US…