The acquisition comes after Beijing last month established the new China State Shipbuilding Corp by combining the former CSSC with…
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The tanker market is looking towards the oil demand and supply for future direction. In its latest weekly report, shipbroker Gibson said that “the IEA has recently released its long-term view of the energy markets. The agency presented different scenar…
Tankers: What About Long-Term Demand? Read More »
Capesize This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-week. This lift was predominately led in the Pacific, with strong trading activity from major iron ore charterer…
Dry Bulk Market: Capesizes on Healthy Ground Read More »
At the time when the product tanker market is gearing for a rise in freight rates after the implementation of the IMO 2020 regulation, the recently published IEA’s World Energy Outlook 2019 portrays a grim picture for product tankers after 2025. In “Sl…
A gloomy long-term outlook for product tanker market Read More »
Here are the most read stories of the previous week.
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Readers’ Picks of the Week (December 2-6, 2019) Read More »