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Finance & Markets

Ship Recycling Market: Steady as She Goes

The ship recycling market has remained broadly stable over the past few days. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the Indian ship recycling market continues to remain stable, supported by healthy local steel consumption and steady demand for recycled steel. The availability of vessels for ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Shifts in cement trade help support the Supramax market

China’s property slump has turned Asia’s cement trade inside out. The cargo has not grown much, but it now travels much further, and Supramaxes are doing most of the extra work.

  • China's property market slump shifts Asia's cement trade to Supramax ships.
  • Vietnam exports clinker to Bangladesh, Philippines, West Africa.
  • US, Vietnam, Turkey become key destinations for Vietnamese cement.

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