Cash buyers making fortunes flipping vintage tankers

Cash buyers making fortunes flipping vintage tankers
The extraordinary sums paid for vintage tanker tonnage in the wake of Russia’s war with Ukraine is seeing cash buyers become adept at flipping ships that in normal times would have been heading to the ranks of blowtorch-wielding demolition experts in south Asia....
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Boxship and gas carrier orders smash more records

Boxship and gas carrier orders smash more records
LNG carrier and containership ordering continue to create incredible records. The two ship types have dominated yard contracts for the last two years, sending pricing to all-time highs, and promising to overhaul their fleets in the coming years. During the last 10...
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Atlantic Supramax market looks to higher rates in Q2

Atlantic Supramax market looks to higher rates in Q2
Participants in the Atlantic Supramax dry bulk freight market said they expect rate spikes on all routes going into the second qurter of the year, despite weak demand in the first three months of the year, amid trading volatility as supply-demand imbalances persist in...
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