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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.

Newbuilding report dated 12 October 2021

13 October 2021

Boxships attracted most of the interest last week with a plethora of deals coming to light. At the same time, a decent number of dry bulk units were ordered while given the complete absence of tanker newbuilding contracts during the past two months, the presence of four firm plus two optional LNG fuelled Aframax units from Greek owner Tsakos at Daehan shipyard caught our attention. 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.

2021 Greek Ship Finance Forum

13 October 2021

BIMCO Immediate Past President Şadan Kaptanoğlu will be joining the panel discussion on Wednesday 20 October at 10:10 EET (GMT/UTC+3)  "Shipping Prospects are stronger than for a decade: the new responsibilities of shipping".

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.

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.

Bulk Terminals Riga 2021

06 October 2021

BIMCO's Chief Shipping Analyst Peter Sand will attend Bulk Terminals Riga 2021, an online event aimed at the entire dry bulk market on the concern of operators. The event will take place from 18-22 October, and where Peter will be speaking in the "Markets and Opportunities" session the 18 October between 12:00 – 15:00 GMT.

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.

Newbuilding report dated 5 October 2021

06 October 2021

The volume of the newbuilding deals was softer compared to the week prior, with the dry bulk activity being confined to only one huge order and with the gas carrier units attracting most of the interest. 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.

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.