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Sunday, May 18, 2025
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Falling steel prices reveal glut of demolitions to come

The declining price of steel prices are a barometer for the rise in demolitions in the container shipping sector according to Braemar, the London-based...

Demand rebound sees S&P and newbuilding markets surge

Buoyant S&P and newbuilding markets are a result of the substantial profits achieved by the liner operators during 2020, in what was an unexpected...

Second hand boxship market keeps upward trend

The number of second hand transactions in the container ship market has remained high, according to UK shipbroker Braemar, with the Germany-based Elbdeich Reederei...

Second-hand market stirs with a further upturn expected

The second-hand ship market continues to move apace with activity by operators in particular driving pricing, according to UK-based shipbroker Braemar. Wan Hai Lines seems...

Braemar reports second hand feeders are de rigueur this week

Activity in the 1,700TEU sector is continuing to increase, according to Braemar ACM's latest report, with operators now aggressively pursuing modern tonnage that has...

High charter rates could freeze boxship demolition market

The high charter rates the market is experiencing are likely to halt container ship demolitions until time charter rates being reduced, according to Jonathan...

Demolition market volatility will see 100 boxships scrapped this year

Approximately 100 container ships, aggregating 240,000TEU, are expected to be demolished during 2020, according to Jonathan Roach, a container trade and shipping analyst from...

Another Costamare scrapping comes after demolition market upturn

Hong Kong Convention compliant ship-breaking is receiving more green recycling enquiries, especially for container ships, according to a Braemar shipbroker analyst. One of the ships...

Economic indicators ease as Hapag increases Asia-Europe capacity

In some positive economic news the shipbroker Braemar Shipping reported that China’s economy, which saw a severe decline in the first quarter, returned to...

Pandemic effects force lines into continuous schedule adjustments

In terms of blanked sailings and capacity management, there are no signs of recovery going forward into the third quarter, according to a Braemar...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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