The tanker market is about to enter a new era of increased volatility to go hand-in-hand with the changes in the crude oil market as well. In its latest weekly report, shipbroker Intermodal said that “amid the looming western sanctions on Russia, the c…
Current Geopolitical tensions To Shape the Tanker Market for Years to Come Read More »
The tanker market has taken advantage of a diminishing tonnage supply, combined with a significant increase in crude oil loadings. In a recent weekly report, shipbroker Banchero Costa said that “2021 was a very negative year for crude oil trade. Total …
Seaborne Crude Oil Loadings Proper Tanker Market to New Highs Read More »
There was a flurry of deals in the S&P market this past week. In its latest weekly report, shipbroker Allied said that “on the dry bulk side, things did not derail from the recent fair momentum prevailing in the market, with a relatively “good” num…
Multitude of Deals in the S&P Market This Week Read More »
The ship recycling market has been facing some headwinds of late, as a result of the dollar’s rally. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the U.S. Dollar strengthening globally, concern remains in the Indian su…
Currency Turbulence Having an Impact on the Ship Recycling Market Read More »
The tanker market is being heralded as one the main “beneficiaries” of the war in Ukraine and the sfift that this sad development has created in trade flows. In its latest weekly report, shipbroker Allied Shipbroking said that “with the start of the fi…
Tanker Market Could be Entering a Bullish Period Read More »