The start of the New Year has been, as expected, rather lackluster for the shipping market. In its latest weekly report, shipbroker Fearnleys said that “it’s been a lackluster start to the New Year in the VLCC segment and lack of fresh enquiries and tr…
Shipping Markets Still in “Holiday” Mode Read More »
Since the end of 2020, Scorpio Bulkers has been gradually disposing of its dry bulk vessels. In the world of entertainment, this would have been classed an extreme makeover. Why did your company reinvent itself as Eneti? There were several factors that…
From coal to renewables – lessons to learn from a total transformation Read More »
As the freight markets shifted tides during 2022, so did ship values. In its latest weekly report, shipbroker Allied Shipbroking said that “as we close off 2022, we note how much it has been a switch over year in fortunes W-O-W change for the two main …
Ship Values For Tankers and Bulkers Reverse Fortunes During 2022 Read More »
The dry bulk market could be set for a downbeat 2023 with the pain potentially extended into 2024, according to the latest quarterly dry bulk market report* from Maritime Strategies International. Behind the falling earnings picture is the faster than …
Should dry bulk owners get ready for a cyclical downturn? Read More »
Capesize The Capesize sector saw a surge, especially in the Atlantic since midweek. More cargo from West Africa came to the market and subsequently pushed the Brazil to Qingdao run to a higher level. However, fixtures were lacking as very limited promp…
Dry Bulk Market: Capesizes Surge Forward Read More »