Seaborne coal trade from Australia to China is back this year, as the two countries have mended broker relations, ever since the aftermath of the COVID virus outbreak. This is reflected in trade patterns. In its latest weekly report, shipbroker Bancher…
Dry Bulk Market: Australian Coal Exports to China on the Rise Read More »
The LNG and LPG markets, especially the VLGC one, is expected to trend higher over the coming weeks and months, as ton-mile demand will increase significantly. In its latest weekly report, shipbroker Xclusiv said that “the El Niño, a natural climate ph…
LNG and LPG Rates Expected to Move Higher Read More »
Tanker market rates have erupted, as a result of the increase in geopolitical tensions in the Mediterranean region. In a recent weekly report, shipbroker Intermodal said that “in a week characterized by a 1.8% drop in Brent crude prices and a slight 0….
Tanker Rates Erupt in Tandem With Geopolitical Tensions Read More »
Greek ship owners have placed more tanker newbuilding orders this week. In its latest weekly report, shipbroker Allied Shipbroking said that “in the tanker sector, Greeks accounted for the majority of deals as they continue to lead way in tanker contra…
Greek Ship Owners Place More Newbuilding Orders Read More »
Although it doesn’t seem that way right now, there’s a growing sense of positive sentiment for the ship recycling market, which is expected to improve by year’s end, or at the first few weeks of 2024. In its latest weekly report, shipbroker Clarkson Pl…
Ship Recycling Activity Market Sentiment Expected to Improve in the Coming Weeks Read More »