Let’s forget morals, politics or personal opinion and instead look at VesselsValue’s trade data to construct an informed view on which party would be better for the shipping markets. Tankers for Trump Headline: Trump’s support of US crude production, h…
Do shipping markets want Biden or Trump for the win? Read More »
Capesize The Capesize market was grasping for a bullish story this week as a possible mid-week rally fell flat. Following that, rates collapsed down to $15,550 on the Capesize 5TC, a drop of $3,199 for the week. Positive news of Vale’s increased produc…
Dry Bulk Market: Capesize Market In Reverse Mode Read More »
Container shipping: Well-coordinated capacity management ensured that all major container carriers, with the exception of Yang Ming, were profitable during the second quarter despite weak volume growth. Yet, a disconnect between shipping rates and stoc…
Drewry Maritime Financial Insight – October 2020 Read More »
The surge in COVID-19 cases in the past few days took a toll on stocks of tanker shipping companies and key US market indices. Dow Jones Industrial Average (DJIA) and Nasdaq slid 1,816 points (6.4%) and 543 points (4.7%) respectively between 23 October…
Does volatility in Baltic TCE rates drive tanker shipping stocks? Read More »
The year 2020 has been one of unexpected change and it has been no different for the maritime space. On January 1, the International Maritime Organization (IMO) started enforcing a new regulation (IMO 2020) that caps the allowable sulfur content of all…
Waves Of Change: Assessing The Potential Impact Of A Carbon Levy On Shipping Costs Read More »