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Demolition report dated 24 September 2021

28 September 2021

As the sub-continent markets continue their dreary trudge towards the onset of Q4, the industry seems to have entered a confused and shaky state, as all sub-continent market sentiments seem to be headed in the same direction i.e. downwards. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Tanker market report 24 September 2021

27 September 2021

The current strength in gas prices is having major ramifications for global energy markets. Record prices in Europe and Asia are forcing utility firms to look for alternative energy sources and have pushed some companies into bankruptcy. Many have been forced to burn more coal despite the environmental consequences, whilst oil-based fuels will also receive a demand boost in regions where oil fired power capacity still exists. With oil demand expected to find some support, could tankers finally receive the catalyst they have been longing for? The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Shipping Markets Checkpoint Season 3 , no. 3

24 September 2021

BIMCO continues its successful series of webinars with key experts in the shipping world. This is the third of four in this new series, and will focus on tankers. Guest speaker is Jens Martin Jensen, Chief Executive Officer at Athenian Group Inc.

Sale & purchase report dated 21 September 2021

22 September 2021

The SnP activity maintained its strong volume of deals this past week. A total of 16 dry bulk and 8 tanker units changed hands with buyer’s interest being distributed in all sizes. 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 21 September 2021

22 September 2021

After a short-week break, owners’ appetite for Container units resumed with the number of deals surfacing in the past days highlighting that interest for contracting in the respective sector has remained robust. 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 17 September 2021

21 September 2021

Despite the recent downturns in the sub-continent markets, which have seen prices correct by as much as USD 25/Ton of late, levels still remain at historically impressive highs across the sub-continent markets. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 10 September 2021

21 September 2021

After a wobbly late August that finally saw the recycling markets even off over the last couple of weeks, sub-continent markets (India and Bangladesh) witnessed a noteworthy drop in steel plate prices this week, as local sentiments started to increasingly take a step back, in anticipation of a further decline. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 3 September 2021

21 September 2021

Far from being the traditionally quieter summer / monsoon months, July and August have passed with marginally weaker, albeit (still) record numbers above USD 600/Ton and deals still being concluded, particularly in the beleaguered tanker and offshore sectors! The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 27 August 2021

21 September 2021

Prices have settled into a new reality this week as end Buyers get back to buying at levels just shy of the historical peaks seen this year, closer to (and in some cases, just over) USD 600/LT LDT from the market leaders, on high-spec units. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.