Tanker secondhand values posted the strongest year-on-year gains in week 17, while dry bulk asset prices continued to appreciate across all size classes and demolition rates held steady at all destinations.
continue readingTwo Newcastlemax bulk carriers sold en bloc at excess $90 million each in Week 16, while tanker secondhand activity was led by a VLCC sale at approximately $59 million and four LR1 transactions, and Indian Subcontinent demolition prices firmed further with Bangladesh approaching $500 per ldt ahea...
continue readingA scrubber-fitted Suezmax and a series of MR transactions headlined tanker secondhand activity in Week 15, while dry bulk values held flat across all size classes and demolition prices firmed in Bangladesh ahead of the pre-monsoon season.
continue readingSuezmax and LR1 sales headlined tanker secondhand activity in Week 14, while Capesize and Handysize dry bulk values edged higher week on week and demolition prices across the Indian Subcontinent firmed as Bangladeshi yards returned from the Eid holiday period.
continue readingSinokor’s bloc purchase of four Suezmaxes at $82 million each and a scrubber-fitted VLCC at $78.4 million headlined a busy week for tanker secondhand activity, while dry bulk transacted steadily across multiple size classes and Indian Subcontinent demolition prices held firm.
continue readingThe secondhand vessel market recorded steady transaction flow across both dry bulk and tanker segments in Week 12, with price momentum holding firm in the larger bulker classes and continued demand for modern tanker tonnage from Asian shipowners.
continue readingThe escalating conflict in the Arabian Gulf and effective closure of the Strait of Hormuz created structural disruptions across tanker logistics, while dry bulk markets showed relative resilience despite subdued freight conditions.
continue readingTanker secondhand values moved sharply higher in Week 10 as buyer demand across all wet segments intensified, while dry bulk transaction volumes remained substantial across every size category and demolition pricing held steady in South Asian yards.
continue readingThe shipping markets experienced extraordinary volatility in Week 09, with crude tanker values reaching levels unseen since 2020 and dry bulk activity demonstrating broad strength across all vessel sizes. Geopolitical tensions, structural supply constraints and the migration of restricted tonnage...
continue readingThe secondhand market accelerated through early February, with dry bulk activity outpacing the prior year by a substantial margin, while tanker transactions continued at firm levels supported by steady inquiry and tight vessel availability. Across all segments, buyers demonstrated confidence in f...
continue readingThe secondhand market in Week 7 reflected strengthening fundamentals across both tanker and dry bulk sectors, with freight momentum driving asset prices to cycle highs and limited modern tonnage availability intensifying competition for eco-efficient vessels.
continue readingThe secondhand markets remained steady through week six, with sustained interest across tanker and dry bulk sectors reflecting balanced supply-demand conditions. Newbuilding deliveries continued at elevated levels, while selective tonnage continued to find new owners at stable pricing throughout ...
continue readingSecondhand tanker values surged to multi-year highs in Week 05 as geopolitical drivers and extended trade routes locked in earnings momentum, while dry bulk S&P activity exploded to a five-year peak despite already elevated price levels.
continue readingWeek 04 demonstrated measured activity across both tanker and dry bulk secondhand and newbuilding markets, with demolition demand providing steady support for older vessels across multiple Asian recycling centers. Transaction volumes remained consistent with historical patterns for the period, re...
continue readingTanker sales accelerated in week 3, with major portfolio acquisitions alongside individual vessel transactions, while dry bulk activity broadened across all sizes and newbuilding orders continued at established price levels.
continue readingThe opening week of 2026 delivered mixed momentum across secondhand markets, with tanker activity dominated by large enbloc deals while dry bulk showed selective transactional activity across multiple size segments. Geopolitical shifts in Venezuela sparked renewed interest in compliant mainstream...
continue readingSecond-hand values held steady through the opening week as markets absorbed geopolitical uncertainty and reshaped trading patterns, while newbuilding activity remained muted and demolition demand picked up sharply across recycling centres worldwide.
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