The freight market for product tankers remains in flux, as many variables are shifting. In its latest weekly report, shipbroker Gibson said that “with the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it c…
Product Tanker Demand Still in Flux Read More »
Capesize The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 be…
Capesize Market Bounces Back After Dismal Start to the Week Read More »
With over 35% of all S&P sales now conducted using a Sellers “Pre-Sale” Inspection, Idwal say this has changed the way ships are sold. Cardiff based Idwal is no stranger to innovation. Unlike any other inspection company, Idwal owns and develops it…
Idwal’s Pre-Sale Inspection Service Makes Waves Across S&P Sector Read More »
A new and promising fuel sector, the so called synthetic fuels, could provide an additional support to the tanker market by the end of the decade. In its latest weekly report, shipbroker Gibson said that “if you own a Porsche or you like Formula 1, the…
Could Synthetic Fuels Create a New Market for Tankers? Read More »
Capesize The Capesize market found little to support levels this week as a steady slide in rates saw the 5TC drop $4,681 over the week to settle at $20,933. The market was at a similar level only back in late March / early April where the 5TC found som…
Dry Bulk Market: Capesizes Find New Levels of Support Read More »