Surging growth in renewable energy generation around the world and a construction boom in South East Asia that is expected to run for the next 10 years bode well for the once ailing multipurpose shipping fleet. In the latest edition of Drewry’s Multipu…
Prospects for the multipurpose shipping sector are improving Read More »
Newbuilding and used bulkers are the main trend in the shipping market these days. In its latest weekly report, shipbroker Allied Shipbroking said that “the Newbuilding market has started to build up a positive momentum week by week, with a robust flow…
Shipowners Stock Up on Dry Bulk Carriers Read More »
In August, no US seaborne exports of crude oil to China were recorded. A massive change to the export pattern seen since early 2017. Chinese buyers, led by the world’s top tanker charterer Unipec, were rumoured to have stayed away – and new data proves…
BIMCO: US Crude Oil Exports to China drop to zero in August Read More »
The current epidemic of contaminated bunker fuels was first reported on in April this year, in Houston. Contaminated bunkers are often mixed with shale oil. The issue has since spread to Panama and Singapore, and possibly Hong Kong and Malaysia. As per…
DynaLiners Opinion – Bad Bunkers Read More »
There’s always a reason behind any sudden surge in tanker market rates and this time around is no different, especially if ones takes note of the days which led to last week’s spike. In a recent weekly report, Allied Shipbroking said that o…
Tanker Market: The Oil Price – To – Freight Demand Correlation Read More »