Ship owners have restrained their newbuilding and S&P investments in terms of new acquisitions since the start of the year, given the turbulent period that the freight market is experiencing. In its latest weekly report, shipbroker Allied Shipbroki…
Ship Owners Timid on New Investments Read More »
Capesize The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chinese New Year it became quickly evident positions had been managed the week before leaving only minimal loose …
Dry Bulk Market: Capesizes Still Under Heavy Pressure Read More »
The shipping industry has been looking forward to a trade deal between the US and China for quite some time now. As a result, the latest positive development is expected to boost the fortunes of both the dry bulk and the tanker markets, but also to inc…
Shipping Is Looking to Benefit from the US-China Trade Agreement Read More »
Trying to see the shipping market’s “glass” as “half-full”, shipbrokers are estimating that even under the worst-case scenarios, when it comes to the future growth of the global economy, shipping should manage. In its latest weekly report, shipbr…
Will Shipping “Sink or Swim” in a Sluggish Global Economical Environment? Read More »
For all of China’s efforts to lower its dependance on coal as a primary energy source, the country remains a major factor for seaborne coal demand. In a recent weekly note, shipbroker Banchero Costa said that “China’s coal imports raced ahe…
Dry Bulk Market: China’s Coal Imports Still a Major Factor Read More »