Product tankers operating in Europe could receive a welcome increase in demand, as a result of the “Green” revolution underway in the continent. In its latest weekly report, shipbroker Gibson said that “there is no doubt that the green revolution is un…
The Green Revolution Could Be a Boost for Product Tankers Read More »
Capesize The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. The market has been hiking higher since the be…
Dry Bulk: Capesize Market Going on Strongly Read More »
Shipping companies have faced many challenges since the onset of the pandemic, including having to adapt to new ways of working. Lockdowns and restrictions forced many businesses to close offices and move their workforce to home working. Those with clo…
How shipping companies have adapted to the ‘new normal’ Read More »
Tanker demand is here to stay for the next few decades at least. In its latest weekly report, shipbroker Gibson said that “last week we wrote about the future of North Sea oil production and how it is a story of two halves. With production in the UK se…
Tankers Will Be in Demand For Many More Years Read More »
Capesize The Capesize market this week reached rate levels equivalent of last year’s highs. The 5TC rose $6,242 to settle at the end of the week at $34,762. The Transatlantic C8 roared to life throughout the week and is now the premium paying basin up …
Dry Bulk Market: Capesizes Reach Last Year Highs Read More »