Tanker Market Firming Up

Mon, 27 Mar 2023 21:00:59 +0000 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...

Tonnage Supply Hampers Further Ship Recycling

Tue, 21 Mar 2023 22:00:59 +0000 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...

Energy market disruption sees coal cargoes fire up Capesize demand

Tue, 21 Mar 2023 22:00:58 +0000 Capesize freight rates are set for a period of upside volatility as the fallout from the war in Ukraine continues to spread across the energy markets. In its latest quarterly dry bulk market outlook*, Maritime Strategies International...

Ship Recycling: Holy Month of Ramadan Slows Down Demolition Market

Tue, 28 Mar 2023 21:00:59 +0000 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 arrived...