Ετικέτα: ship recycling

  • The Shipping Almanac

    Dry Bulk Newbuild Orders Collapse Amid Market Uncertainty

    A Drastic Slowdown in Contracting Signals Caution Among Shipowners The dry bulk sector is experiencing a sharp decline in newbuilding activity, with contracting levels plummeting 70% below the annual average in recent months. This slowdown reflects the challenges shipowners face amid falling freight rates, economic uncertainty, and hesitation over future fuel choices. In October 2024, […]

  • The Shipping Almanac

    Containership Orderbook Hits Record High, But Scrapping Declines: Industry Faces Challenges

    The containership orderbook has reached a new high in 2024, with a total of 8.3 million TEU, surpassing the previous peak of 7.8 million TEU set just a year earlier. This surge in new orders is primarily driven by the need to replace aging ships that no longer comply with increasingly stringent environmental regulations. Despite […]

  • The Shipping Almanac

    Tanker Market in Turmoil: Shrinking Newbuilds, Aging Ships, and an Uncertain Future

    The crude oil tanker industry is undergoing a structural shift, marked by a dramatic contraction in newbuild deliveries and an increasingly aging fleet. With only 17 crude tankers (2.5 million DWT) delivered in 2024—the lowest in 36 years—the fleet has grown by a mere 0.2%, making it the slowest expansion in over two decades. Meanwhile, […]