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Sale & purchase report dated 19 October 2021

20 October 2021

The clean tanker sector continues to be the main owner’s focus in the tanker SnP arena, while a stable but healthy volume of dry bulk secondhand deals have also came to light last week. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 15 October 2021

19 October 2021

The last quarter jump in local steel plate pries (and at varying degrees) seems to have swept across all major recycling markets (including China) this week. The jump in levels varied from as little as USD 5/Ton from the Chinese market, all the way to USD 30/Ton on the Turkish end, with the sub-continent markets bridging the gap. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Tanker market report 15 October 2021

18 October 2021

Heads of state haven’t even got on their respective planes to fly to Glasgow for the meeting of world leaders to discuss climate issues at COP26 and already there are various groups calling for additional changes to climate policies. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Sale & purchase report dated 12 October 2021

13 October 2021

In the Secondhand market, the appetite for dry bulk units remained strong during the past days. In the tanker realm, MR units almost monopolized buyers’ interest while no crude tanker unit sales emerged last week. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 8 October 2021

12 October 2021

After a couple of weeks of mixed performances in steel plate prices from the sub-continent markets where the industry witnessed Indian levels suddenly jump towards the end of last week, whilst both Pakistani and Bangladeshi markets saw their plate prices decline, this week, the respective pendulums appear to be swinging back. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Dry cargo market report dated 8 October 2021

11 October 2021

Capesize: The Capesize market continued its bull rally this week as we move into the tail-end quarter of the year. The Capesize 5TC managed a high of $86,953 on Thursday before closing out the week on a softer note at $83,865. The weekly dry bulk market report contains a summary of the recent movements in the market, alongside the latest figures for average dry bulk earnings and Baltic Dry Indices.

Tanker market report 8 October 2021

11 October 2021

US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020. However, on an annual average basis, US crude output in 2021 is still likely to average at slightly lower levels compared to 2020, in part due to disruptions caused by Hurricane Ida. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Sale & purchase report dated 5 October 2021

06 October 2021

Dry bulk SnP activity resumed last week with a plethora of units changing hands. On the other hand, tanker SnP volume was softer with only three deals materializing. The weekly sale and purchase report by Intermodal Research & Valuations features secondhand sales market prices for crude oil- and oil product tankers, dry bulk carriers, container ships and gas tankers.  Secondhand asset values refer to Japan Blt vessels.

Demolition report dated 1 October 2021

05 October 2021

We have seen markets rise and fall, ships bought and sold, regulations come and go, all whilst international awareness and focus on the ship recycling sector has greatly increased and yard quality improves (particularly in India but now starting in Bangladesh and Pakistan too) with the advent of the HKC.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.