Rates for VLCC tankers have been rallying hard over the past few days. In its latest weekly report, shipbroker Gibson said that “the VLCC market has reawakened with force. Benchmark TD3C earnings have surged to above $200,000/day, a level not seen sinc…
VLCC Tanker Markets Sizzling Hot Read More »
Capesize The week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. Early strength in the Pacific, supported by fixtures above $10.00 on C5, set a c…
Dry Bulk Market: Capesizes Showing Signs of Promise Read More »
The improvement in one-year time charter earnings has reshaped the VLCC secondhand market. The recent strong cash generation and improved freight visibility have pushed asset values sharply higher, not only for modern units but also for overaged units….
VLCC second-hand prices at decade highs Read More »
Coal exports from South Africa have been steadily recovering over the past few years and 2025 was no exception. In its latest weekly report, shipbroker Banchero Costa said that “global coal trade lost momentum in 2025, easing after a strong rebound the…
Dry Bulk Shipping: South African Coal Exports Keep Expanding Read More »
Sinokor Merchant Marine has swiftly established itself as a major operator in the VLCC segment, acquiring more than 50 second-hand vessels while also adding substantial tonnage through time-charter arrangements. The expansion has reportedly been financ…
Rising ownership concentration: What it means for the VLCC market Read More »