The tanker market has dug itself a hole, it’s now struggling to get out of. The past week didn’t bring any sort of respite. According to the latest weekly report from Charles R. Weber, “VLCC rates continued easing this week despite a fresh …
Tanker Market Still Looking for Recovery Signs Read More »
The outlook for the global shipping sector for the next 12 months remains stable on the back of expected supply-demand improvements in the dry bulk and container shipping segments and overall sector earnings growth of 4%-5%, says Moody’s Investor…
Moody’s: Stable outlook for global shipping companies on 4%-5% earnings growth Read More »
What a show! The Greek Shipping community put on a wonderful week for the rest of the world at Posidonia. This year the spotlight was very much on bunkers and more specifically on how ship owners should prepare for 2020. However, there were some exampl…
IBIA: Slaying mythical beasts in the IMO 2020 labyrinth at the Posidonia Venue Read More »
The tanker market is about to receive some new direction towards the end of the week, should OPEC’s summit changes the current status quo in oil production. In its latest weekly report, shipbroker Gibson noted that “the current dynamics in the oil mark…
Capesize The Atlantic market improved this week, with increased activity from Brazil for July shipments plus a few June cargoes fuelling rate rises, with close to $20.00 rumoured paid. Vale took a few July ships from Tubarao to Qingdao early in the wee…
Dry Bulk Market: Capesize Index Shows Further Improvement Read More »