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 »
Amid the backdrop of low interest rates, ample liquidity, robust freight rates and supply chain bottlenecks, container shipping stocks are at their peak as the world tentatively edges its way out of COVID-19 and lost demand is recovered. The valuations…
Container shipping equities – Will newbuild orders act as a roadblock to higher returns? Read More »
An ambitious plan to double Brazil’s crude production, could yield significant demand for seaborne crude tanker plays down the line. In its latest weekly report, shipbroker Gibson said that “since 2019 Brazil has become the top crude exporter in Latin …
Brazil’s Importance in the Crude Tanker Market Could Increase in the Coming Years Read More »
Capesize The Capesize market rocked and rolled these past few days. But by weeks end little had changed on the Capesize 5TC as it settled down -884 to $24,631. This was a positive difference of $733 to the beginning of the week. The market was not with…
Dry Bulk Market: Capesizes on a Roll Read More »