A number of political, but also economical factors have had a negative effect on the sentiment of the ships’ demolition market this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “this week saw further disruption af…
Politics Impact the Demolition Market Read More »
Where do we go to find economic growth that spurs shipping demand in the next five years? According to the International Monetary Fund (IMF), we should look towards emerging and developing countries. The IMF also points out that advanced economies’ gro…
Global shipping scouts for future growth Read More »
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless, we believe imports will be supported by winter and high-energy demand in t…
China’s import restrictions on coal spoils the party for Panamaxes Read More »
The tanker market has suffered a lot from oversupply and the tide doesn’t seem to be changing any time soon either, especially in the light of the recent OPEC decision to limit oil production once again. In its latest weekly report, shipbroker Gibson s…
VLCC Tonnage Supply Looking Ominous After the Latest OPEC Oil Production Cuts Read More »
”The LNG shipping market has become significantly tighter compared to the last few year and spot rates have hit multi year highs in Q4 2018. Supported by healthy LNG demand and supply fundamentals and limited vessel availability in the spot marke…
Braemar: LNG Shipping Rates to Remain Strong in 2019 Read More »