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The SnP activity has finally noted an uptick with the volume of the dry bulk secondhand sales being at healthier levels compared to the prior weeks. 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 witnessed a healthy volume of new contracts with the more conventional type of units finally composing the biggest part of the order list. 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.
Indian sub-continent markets remain positioned on a largely firm footing, as a surprising shortage of tonnage keeps demand stuck high and prices propped up. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
The Chinese refining sector has recently been under pressure, not so much from the extreme demand pressures of the past 18 months, but more driven by changes in domestic government policy. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
So, after several weeks of behind the scenes talks and political wrangling, the OPEC+ alliance has once again found a way forward in its quest to manage oil supply. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
The newbuilding market activity has seen another weekly round of strong appetite with Container sectors having the lion's share among last week’s surfacing orders. 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.
The SnP activity has slowed down further this past week with a very low number of bulker and tanker units changing 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.
As the Bangladeshi market surpasses the previously unreachable threshold of USD 600/Ton, the supply of tonnage appears to have dried up once again as the summer / monsoon holiday months continue at pace (& Eid holidays conclude this week). The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Launched today, the new Seafarer Workforce Report from BIMCO and the International Chamber of Shipping warns that the industry must significantly increase training and recruitment levels if it is to avoid a serious shortage in the total supply of officers by 2026. Given the growing demand for STCW certified officers, the Report predicts that there will be a need for an additional 89,510 officers by 2026 to operate the world merchant fleet. The report estimates that 1.89 million seafarers currently serve the world merchant fleet, operating over 74,000 vessels around the globe.
The dry bulk and Tanker SnP activity remained close to the previous week's levels. We have witnessed a small uptick in dry bulk sales while only a handful of tanker units have 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.
