The tanker market could be in for a “rough ride” during the second half of the year. So, what implications could the Canadian market have? In its latest weekly report, shipbroker Gibson said that “Canada has the third largest oil reserve behind Venezue…
Tanker Market and Canada’s Keystone Pipeline Read More »
Capesize The Capesize market continues to go from strength to strength, as rates reach highs not seen since September last year. The rally is predominately off the back of the Atlantic Basin crying out for more tonnage. Atlantic charterers from Eastern…
Dry Bulk Market’s Rally Continues Unabated Read More »
Container shipping: Container shipping’s 1Q20 results were strong enough amid the coronavirus (COVID-19) pandemic as the industry found a way to be profitable in the middle of the ongoing crisis. Container shipping demand in some regions such as Europe…
Drewry Maritime Financial Insight – June 2020 Read More »
Ship owners are expected to face huge delays and congestion in their attempts to book future retrofitting or ship repair projects in the various yards around the world. In its latest weekly report, shipbroker Intermodal said that “it was beginning of 2…
Major Gridlock Expected in Ship Repair Yards Read More »
It has been a fraught period for shipping cash and credit suppliers this year, with no certainty of a sustained recovery in 2020. A new report on Key Developments and Growth in Greek Ship-Finance from Petrofin Research noted that Chinese lending and le…
Bite of shipping’s credit crunch Read More »