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Oil product tanker demolition on track to break 11-year record

11 May 2021

In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.

Dry cargo market report dated 7 May 2021

10 May 2021

Capesize: The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. 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.

Dry cargo market report dated 30 April 2021

04 May 2021

Capesize: The market is showing no signs of easing as rates continued to ascend this week reaching record highs for the 5TC average at $40,608.  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.

Sale & purchase report dated 27 April 2021

28 April 2021

Dry bulk units continue to attract buying interest in the SnP market with owners being enticed by a continuously improved sentiment in the freight market. 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.

Newbuilding report dated 27 April 2021

28 April 2021

The newbuilding market has been anything but quiet in the recent weeks, with interest for new orders being significantly vivid across all shipping sectors. 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.

Dry cargo market report dated 23 April 2021

26 April 2021

Ultramax/Supramax: A positive week generally for the sector, mainly led by strong demand across the Asian arena with increased cargo enquiry. 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.

Newbuilding report dated 20 April 2021

21 April 2021

The newbuilding market activity was very busy, with heightened levels of newbuilding transactions surfacing during the past days across all sectors. 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.

Sale & purchase report dated 20 April 2021

21 April 2021

Activity in the Secondhand market maintained its volumes, with a large number of SnP dry bulk and tanker transactions materializing 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.

Dry cargo market report dated 16 April 2021

19 April 2021

Panamax: A topsy-turvy week for the Panamax market, with the first half starting out in a very bearish trend only for it to rebound mid-week as the market bulls returned with some suggesting the market had possibly over corrected with fundamentals not really changing. 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.