There are a number of variables coming into play in the dry bulk market at the moment, enough to mark a shift in the freight rate dynamics. In its latest weekly report, Allied Shipbroking claims that “it’s looking as though June will turn out to …
Dry Bulk Market: June Promises to be a “Hot” Market says shipbroker Read More »
The dry bulk shipping industry remains on the road to recovery, as demand continues to keep its nose just ahead of fleet growth, while scrapping and ordering remains subdued. Demand The improved fundamentals during 2017 are clearly seen in the freight …
Dry Bulk Shipping: No More Room For Newbuilds Read More »
FOTO: XSENAKOYDIS The Republic of the Marshall Islands (RMI) has submitted a paper to the International Maritime Organization (IMO) Intersessional Working Group (ISWG) on the consistent implementation of the 2020 global fuel oil sulphur standard under …
Marshall Islands Aims to Resolve Shipping Industry’s Safety Concerns Read More »
The recent lull in newbuilding contracting activity has been notable, but also easily explained, given that many deals are on the making and usually formally announced during the Posidonia International Fair, which is about to kick off in Athens next w…
Newbuilding Market Bound to Pick Up During Posidonia Week Read More »
Overview The impact of the sanctions against Iran and global stockpile levels are two factors to watch out for. Demand Just when you thought it could not get any worse for the tanker shipping industry, the US is re-imposing sanctions on Iran coming int…
Tanker Shipping: Added Uncertainty Is Not Helpful To The Struggling Tankers Read More »