Tag: Slow
Ship Recycling Activity Enters “Slow Season”
The ship recycling market hasn’t shown any signs of vibrancy over the past week, apart from, perhaps Indian recyclers, who’ve been more active. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we enter the Autumnal season which is classed as the hardest season when leaves fall and trees look bare, the…
Summer Lull Not Enough to Slow Down Newbuilding Orders
Newbuilding ordering activity has remained high, despite the usual summer slowdown. In its latest weekly report, shipbroker Allied Shipbroking said that “over the past two weeks the pace of new order contracting has remained fairly high, with a decent number of tanker and container/general cargo orders stacking up. Newbuilding prices remain elevated as yards continue…
