Capesize The market was predictably quiet by the end of the week with many traders absent for the beginning of Chinese New Year. The Capesize 5TC registered a token drop of eight to settle at $10,304 as minimal trading was heard. It’s said to be a diff…
Capesize Market Quietens Down Read More »
With the softening of peak LNG winter demand in Asia, we believe the spotlight is back on supply and demand fundamentals of LNG shipping. LNG spot prices have nosedived after surging in December and early January as winter demand is receding. LNG spot …
Why are LNG shipping stocks retreating after a brief surge? Read More »
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 »