In what appears to be a structural market swift, Ultramax dry bulk carriers appear to have an edge over their Kasmarmax counterparts. In its latest weekly report, shipbroker Intermodal said that “the past week closed with the Kamsarmax sector once agai…
Ultramaxes Edging Out Kamsarmaxes Read More »
The ship recycling market was largely unchanged versus the previous weeks, as challenges remained last week as well. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remain…
Ship Recycling Market Stagnant Last Week Read More »
Dry bulk carriers have been in high demand, with more deals being reported on a weekly basis. In its latest report, shipbroker Banchero Costa said that “a decent volume of activity was concluded last week, mostly for Dry Bulkers with deals reported for…
Dry Bulkers in High Demand Read More »
Libya’s oil production is once again affected by local turmoil. In its latest weekly report, shipbroker Intermodal said that “Libya’s oil production, crucial to both its economy and global energy markets, was severely disrupted last week. The cou…
Tanker Market: Will Unrest in Libya Have a Larger Impact on Rates? Read More »
The crude tanker market is expected to benefit from an expected increase in crude oil supply in the coming years. In its latest weekly report, shipbroker Gibson said that “South America has been a major source of oil supply for decades. Traditional pro…
Tankers Expected to Benefit From Increased South American Oil Supply Read More »