The tanker market was mixed during the month of June, according to the latest monthly report from OPEC. Dirty freight rates continued to show mixed movement in June. VLCCs partially recovered from the previous month’s decline, with Middle East-to-East …
Tanker Market Showed Mixed Movement During June Read More »
Despite the positive long term fundamentals, as a result of the dry bulk fleet’s record low orderbook, in the short-term, the market seems to be under pressure. In its latest weekly report, shipbroker Xclusiv said that “the first week of July has come …
Dry Bulk Market Under Pressure Read More »
Despite the rise in newbuilding ordering activity over the past couple of months, overall contracting so far this year is lagging compared to the past year. In its latest weekly report, shipbroker Allied Shipbroking said that “orders placed across Hyun…
Shipbuilding Orders Down 15% So Far This Year Read More »
The ship recycling market could receive an additional boost from the rumored return of Pakistan. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “some interesting news circulated within the industry this week with reports …
Ship Recycling: Will Pakistan Return to the Market Read More »
The grain and soybeans trade sentiment appears to be mixed for the second half of 2023, as both positive and negative factors are expected to come into play. In its latest weekly report, shipbroker Intermodal said that “the assessment of the upcoming t…
Dry Bulk Market: Mixed Sentiment on Grain and Soybean Trades Read More »