Scrubber uptake has been quite widespread in the VLCC segment, with shipbroker Gibson estimating that up to 31% of the existing fleet already fitted with the systems, while by the end of 2021, that share is expected to increase to about 40%. Scrubber m…
One in Four VLCCs to be Fitted With Scrubbers By the End of 2021 Read More »
Dry bulk equities (aggregate seven stocks under our coverage) posted 21% negative returns during the full year 2020. However, since the beginning of 2021, these stocks have registered a gain of 15.7% so far (as of 12 January 2021). Going forward, the s…
High Commodity Demand, A Tailwind For Dry Bulk Shipping Stocks Read More »
Capesize The Capesize market surged this past week to a three month high, as a stronger outlook for the market took hold. Opening the second full week of the year at $21,131 the Capesize 5TC peaked mid-week at $26,489, before closing down to end the we…
Dry Bulk Market: Capesizes Push Forward Read More »
The tanker market could be set for a year of two halves, with the first half a continuation of last year and the second half expected to be much improved. In its latest weekly report, shipbroker Gibson said that “2020 was a rollercoaster year, one with…
Tankers: A Year of Two Halves Underway? Read More »
Capesize The market has surely surprised many this week after sparking into life and quickly surpassing levels seen in November and December 2020. The Capesize 5TC ended 2020 at $16,633 and now closes out its opening week of 2021 at a resounding $21,13…
Dry Bulk Market: Capesizes Start the New Year With Renewed Optimism Read More »