As with newbuilding orders, ships’ demolition activity has also slowed down considerably over the course of the past few weeks. In its latest weekly note, Clarkson Platou Hellas said that “last week was distinctly quiet as the shortage of tonnage…
Demolition Activity Still Lacking Momentum Read More »
McQuilling Services is pleased to announce the release of the 2018 Mid-Year Tanker Market Outlook Update. The Mid-Year Tanker Market Outlook Update provides an outlook on the global tanker market in the context of global economic growth and oil fundame…
McQuilling Services Projects Lower VLCC Demand Growth in 2018 Read More »
Trade expansion will likely slow further in the third quarter of 2018 according to the WTO’s latest World Trade Outlook Indicator (WTOI) released on 9 August. The most recent WTOI reading of 100.3 is below the previous value of 101.8 and just above the…
WTOI suggests trade momentum softening further in third quarter of 2018 Read More »
It’s a trend which has emerged over the course of the past few weeks and seems to be carrying on through August as well, which shouldn’t come as a surprise. The lull in newbuilding ordering activity was to be expected, not only as a result …
Shipowners’ Investments Lower as Summer Lull is in Full Swing Read More »
After a pattern of divergence at the start of the year, July saw a modest realignment between charter and freight markets as liner operators react to cost pressures and the wider industry awaits the impact of the potential trade war between the US and …
Peak season promises better box freight rates but limited charter market upside Read More »