The Aframax tanker class is becoming the latest “success story” in an otherwise turbulent year for the wet market. In a recent analysis, shipbroker and tanker market specialist Charles R. Weber noted that “the recent rallying of the dirty tanker market…
Aframaxes Are Now the “Darlings” of the Tanker Market Read More »
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports which are 43% lower than in the same period last season. Down from 21 million tonnes of accumulated exports by…
Trade War Leading To Headwinds For The Fragile Dry Bulk Recovery Read More »
For some time the question of whether the Monroe v Ryan [1935] 2 KB 28 authorities apply when there is neither a loadport Expected Ready to Load Date (“ERTL”), nor Estimated Time of Arrival date (“ETA”), has been open. The question of course touches up…
Shoring up early principles Read More »
Is it the trade war, or a shift in market fundamentals (supply-demand)? Whatever the case, the recent freefall of the dry bulk market came as a surprise or maybe not?. In its latest weekly report, shipbroker Allied noted that it was “a month of sharp c…
Lackluster Dry Bulk Market to Persist to the End of 2018 Read More »
In recent weeks we have seen a steady increase in Sale and Purchase (S&P) activity, despite the downward pressure that the dry market has been experiencing both on the spot and period front. The sentiment for the short-term also seems to be positiv…
Bulk Carrier S&P on the up despite market low point Read More »