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14:00-15:00 GMT/UTC Game changers in Atlantic Basin tanker seascape: When can we expect solid Atlantic basin tanker demand to return?
The latest VLCCs that have been reported as scrapped have joined a small, but up to recently growing number of tankers heading to recycling yards. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Both the dry bulk and tanker secondhand activity accelerated last week, with buyers seems to be back in the SnP arena. 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.
The newbuilding market activity was consisted of dry bulk and container orders last week, with a complete absence of tanker and gas carrier units. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
Back in July, the European Union (EU) finally unveiled its much-anticipated plans to meet its climate ambitions, which for the first-time folded shipping into the Emissions Trading Scheme (ETS). The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
A continued downward trend in Somali piracy has prompted leading shipping organisations to reduce the geographic boundaries of the ‘High Risk Area’ (HRA) for piracy in the Indian Ocean, which will apply from 1 September 2021.
The past couple of years have been very turbulent in many international markets due to the global pandemic. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
We have seen the first signs of cooling in the Indian sub-continent markets this week, as steel plate prices declined by about USD 30/LDT in Bangladesh. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
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