The tanker market has been on a consistent roll of strong showing lately. In its latest weekly report, shipbroker Xclusiv said that “the BDTI continues its upward spree, reaching 29 consecutive positive closings at 1,286 points, at its highest level si…
Tanker Market On a Roll After Venezuelan Oil’s Return Read More »
In an unexpectedly lenient move, the US announced last week that sanctions against companies trading in Venezuelan oil will be dropped. This provides an opportunity for a reshuffling of oil movements, particularly in the Atlantic basin, and with that c…
Sanctions no more: A new era for the tanker market? Read More »
Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11.9 years whereas tankers on average are 12.8 years old. The average age of …
Container ships reach highest average age on record of 14.2 years Read More »
New York-listed tug and barge owner’s shares beat analyst consensus in third quarter
Kirby boosts profits despite coastal fleet downtime and river delays Read More »
New York-listed tug and barge owner’s shares beat analyst consensus in third quarter
Kirby increases profit despite coastal fleet downtime and river delays Read More »