The VLCC tanker market shouldn’t have high hopes, when it comes to more capacity for crude oil exports from the US market. In its latest weekly report, shipbroker Gibson said that “with everything the pandemic has thrown at the oil industry, the last t…
VLCCs Shouldn’t Expect Much When it Comes to US Gulf Export Prospects Read More »
Capesize The market began to meet increased resistance to the recent slide in rates as the week progressed. With talk of a floor being found to provide some stability, it was heard that forward markets reacted positively. The north Atlantic basin was t…
Dry Bulk Market: Is the Rally Over? Read More »
Post-WWII globalization is driven simultaneously by multilateral integration as well as the formation of regional trade agreements (RTAs). From an economic theory point of view, multilateral integration is the first best choice over regional integratio…
RCEP – the game-changer in the post-COVID-19 global economy? Read More »
An increase of seaborne crude oil exports from Canada could be the case in the future, after the latest setback regarding the Keystone XL pipeline project. In its latest weekly report, shipbroker Gibson said that “some major but unsurprising decisions …
Canadian Oil Exports Could Offer Support to the Tanker Market Read More »
Capesize The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. Dropping -8,956 over the course of the week the Capesize 5TC settled at $15,675. The Atlantic Basin routes wer…
Dry Bulk Market: Capesize Market Endures Week of Losses Read More »