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In some ways, EU carbon prices could be viewed as a barometer of mounting environmental pressure not just within Europe but on a global scale. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
The secondhand market displayed a healthy activity as far as the dry bulk units are concerned with a plethora of deals 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.
The momentum in the newbuilding market remains strong with an impressive number of VLCC orders materializing last week completely ignoring the outlook of the crude carriers freight market 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.
India is in a unique position. The country will witness the largest increase in energy demand in the world over the next 20 years, with the potential for oil consumption to rise from 4 million b/d currently to 8.7 million b/d by 2040 according to the IEA. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
The upward trajectory has continued in most sub-continent markets this week – particularly in a resurgent Bangladesh, where local steel plate prices are at the highest levels they have been all year. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year.
Secondhand activity remained steady w-o-w with Panamax units monopolizing owners’ interest in the dry bulk sector. 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 number of newbuilding contracts that came to light last week reveals a livelier newbuilding market, while container orders are still having the bigger share of confirmed contracting. 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.
This week, steel prices in Asian recycling markets (save for India) have shot back up again, as this rollercoaster year continues. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.
Yesterdays news that OPEC+ would keep production unchanged for April was not exactly what the tanker market wanted or needed. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
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