Despite the latest developments regarding Russia’s pulling out from the UN grain deal, it seems that the seaborne grain trade’s fundamentals are favorable for ship owners. In its latest weekly report, shipbroker Intermodal said that “global grain trade…
Grain Trade Could Provide Additional Support to the Dry Bulk Market Read More »
Highlighting an obvious issue, shipbroker Gibson attempts to shed light on how will the latest round of sanctions on Russian oil trade, be implemented? In its latest weekly report, shipbroker Gibson said that “with just over 5 weeks to go until the Eur…
The rerouting of seaborne crude oil trade is in full swing, as evidenced by the fact that the EU is now the destination of one third of total US crude oil exports. In its latest weekly report, shipbroker Banchero Costa said that “2021 was a very negati…
US Crude Oil Exports to Europe Have Risen by 52.2% So Far This Year Read More »
The dry bulk market has failed to impress over the past few weeks, with the gloom now starting to translate to asset values as well. In its latest weekly report, shipbroker Allied Shipbroking said that “it is a fact that conditions in the dry bulk mark…
Dry Bulkers Values Enter Bearish Territory Read More »
The ship recycling market is “hungry” for more vintage tonnage, which is rather scarce at present, while the industry’s focus is now shifting towards decarbonization. In its latest weekly report, shipbroker Clarkson Platou Hellas noted that “the main t…
Lack of Tonnage Keeps Hampering the Ship Recycling Market Read More »