Given the orderbook, the tanker market is expected to experience ample supply growth in the coming years while the forecasts for tanker demand growth are rather subdued, acco...[详细]
Dealing with the obvious oversupply problem in the dry bulk market is the main solution for the dry bulk market to recover sooner, rather than later, given that demand-wise, ...[详细]
As the dry bulk market has continued to struggle with historically low rates this year the average age of capesize scrapping has fallen to 21 years according to Alphabulk. ...[详细]
China Shipping Container Lines (CSCL) and China Shipping Development Co (CSDC) have received a combined RMB1.05bn ($169.08m) in government subsidy under the scrap-and-build p...[详细]
Changhang Phoenix (CSC Phoenix), the bulk shipping arm of Sinotrans & CSC Group, said it has received RMB55.4m ($8.9m) worth of government subsidy for scrapping old vessels. ...[详细]
The activity on the demolition market is off to a good start in 2015 when looking at dry bulk tonnage, with Capesizes carrying the lions share, according to BIMCO. ...[详细]
China Shipping Container Lines (CSCL) announced in a stock market announcement that it will be benefitting this financial year from government subsidies for the scrapping of ...[详细]
Through the first three days of this week, the Baltic Dry Index has fallen by 46 points to 991 points. This represents a 4% decrease from the end of last week. ...[详细]
