Brakes applied to capesize scrapping after veterans leave fleet
May to July 2021 has marked the lowest three-month sequence for bulker deletions since 2018, says SSY
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August 2021
China’s Gia Shipping sets sights on global trade with bulker newbuildings
Shipowner to break out of domestic market with kamsarmax order at DSIC’s Tianjin Xingang Shipbuilding
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Yang Ming seeks more containerships as newbuild wish list tops $3bn
Taiwanese liner company launches enquiry for neo-panamax newbuildings amid existing hunt for 24,000-teu vessels
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Firing on all cylinders: Pacific MR tanker rates rise to 14-month high
Indonesian palm oil exports and long-haul shipments to US and Australia boost spot earnings
Firing on all cylinders: Pacific MR tanker rates rise to 14-month high Read More »
Tanker Market in the Doldrums As Owners Lose Liquidity By the Day
In stark contrast to the dry bulk and container segments which have been rallying for much of 2021, the tanker market is more than lackluster. In a recent note, shipbroker Allied Shipbroking said that “the tanker market has been off balance for quite s…
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