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Secondhand activity firmed last week, with the increased interest of buyers being evident in both the dry bulk and tanker sectors. 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.
In contrast to the previous week's activity where a total of 41 boxhsips were ordered summing the whooping number of approximately 50,500teu, the recent newbuilding activity did not include any container contract. 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.
SnP activity eased off last week. Owners continued to abstain from the tanker realm while only a handful of dry bulk units changed hands. 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.
September has kicked off with an impressive amount of new building deals being reported while the lack of crude carrier units cannot be confronted as a surprise today with the freight market performance in the sector remaining completely uninspiring. 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.
New virus mutations and outbreaks have slowed the recovery in global oil demand as some countries lock down again and international travel remains complicated.
Unequal vaccine distribution has put a stopper in the recovery in parts of the world, adding to supply chain disruptions and slowing growth even in countries protected by higher vaccination rates. In a globalised world, no one can return to normal before everyone can.
Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping the market stay strong expected to continue providing support into 2022.
As ports and hinterland transport struggle to keep up, delays at ports are soaking up capacity leading to frustration on the shippers’ side and leaving carriers struggling to keep up all the while making record profits.
The brown marmorated stink bug (BMSB) season 2021-2022 has begun on 1st September. BIMCO provides the measures for this season introduced by countries for ships arriving from targeted "BMSB" countries.
Last week, newbuilding contracts for non-conventional type of units have almost monopolized owners interest while the absence of tanker units for a third consecutive week cannot go unnoticed. 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.
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