Capesize Having hit a high of $32,963 early last week, the Capesize 5TC now stands at $25,749. This is over 20% of its value lost in 10 days. Currently the market is at a bit of a standoff, with a wide bid/offer spread. For the West Australia to China,…
Dry Bulk Market: Capesizes on Correction Mode Read More »
Sustained GDP growth could give world trade a lift this year, yet it remains to be seen whether this boost will endure, warns the World Trade Organization (WTO). According to the body, mid-last year, economic growth slowed more than anticipated, causin…
WTO: ambiguous fortunes for trade Read More »
Another week, another sub par ship recycling activity in the market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the tropical and hot climate that has been experienced across Europe this week has further reminded everyone …
Demolition Activity Below Par on Summer Lull Read More »
We have partnered with Oslo based shipping consultancy firm ViaMar to provide Forecasted Market values for each individual vessel in the Tanker, Bulker, Container and LPG fleet. Forecasted Market Values are quarterly forecasts for individual vessels pr…
Brazil has replaced the North Sea as the biggest market for shuttle tanker operations. Naturally a good reason for DNV GL to invite the major players to DNV GL’s shuttle tanker workshop to share experiences and take a closer look at the market as well …
Shuttle tankers in Brazil Read More »