The newbuilding market activity was quite firm over the past week. In its latest weekly report, shipbroker Intermodal said that “the newbuilding market witnessed a firm week, with 10 reported orders covering 33 firm plus 2 optional units across the dry…
Newbuilding Activity Picks up the Pace Read More »
The dry bulk market second-hand market was quite active last week. In its latest weekly report, shipbroker Xclusiv said that “activity picked up across all bulk segments this week. On the Newcastlemax sector, the “Bulk Sao Paulo” – 208K/2020 New …
Dry Bulk Second-Hand Sales on the Rise Read More »
The freight market has adjusted to the estimated impact of the port fees implemented by the US and China. In its latest weekly report, shipbroker Intermodal said that “the latest escalation in U.S.-China trade tensions marks a setback to hopes for a gr…
Shipping Freight Rates Rose 20% on Trade War Port Fees Read More »
Trade flows are bound to be disrupted from the spillover of trade tensions in the shipping market. In its latest weekly report, shipbroker Gibson said that “on October 14, both the US and China imposed prohibitively expensive port fees on tonnage linke…
VLCCs The Most Exposed from China’s Port Fees Read More »
The tanker market showed mixed results during the past month, OPEC said in its latest monthly report. Dirty tanker spot freight rates showed mixed movement in September. VLCC spot freight rates surged as increasing outflows from the Middle East worked …
Tanker Market: Mixed Performance During September Read More »