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Finance & Markets

VHBS New ConTex Container Ship Time Charter Assessment Index Week 44

The container charter market once more continued to edge more sideways than higher, with the New ConTex gaining 8 points to 1,682, up 0.5% Source: Verband Hamburger und Bremer Schiffsmakler e.V

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

Read the original at hellenicshippingnews.com →

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European Shipowners call on MEPs to back Commission proposal to include two Indian yards in the EU ship recycling list

The Environment Committee of the European Parliament votes on 4 November on a motion for resolution objecting to the Commission’s proposal to add two Indian ship recycling yards to the European List…

  • European Shipowners urge MEPs to back Commission proposal.
  • Indian ship recycling yards compliant with EU Regulation.
  • Approval raises global standards for ship recycling.

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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