The tanker market showed mixed performance during the month of December, according to OPEC’s latest monthly report. Dirty spot freight rates showed diverse movements in the last month of the year, falling on routes to Asia and out of the Middle East, w…
Tanker Market: December Was a Mixed Bag Read More »
The dry bulk market has been dubbed as quite “lackluster” with China’s economy still looking for a boost. In its latest weekly report, shipbroker Xclusiv said that “as we are just fifteen days away from the Chinese New Year seven-day public holiday (28…
Dry Bulk Market Lackluster as Chinese New Year Closes In Read More »
The first newbuilding orders of 2025 have been contracted, while activity in the second hand market remains brisk. In its latest weekly report, shipbroker Banchero Costa said that “in the dry market, the Chinese company Everbright Financial Leasing pla…
First Newbuilding Orders of 2025 Now Signed Read More »
The crude tanker trade flows are expected to change over 2025, as a result of Trump’s tariffs. In its latest weekly report, Poten & Partners said that “President Trump, who will take office on January 20 of this year has indicated that he will use …
Tanker Trade Flows Expected to Shift Again in 2025 Read More »
The tanker market is yet again caught in a “sea” of sanctions and changes. In its latest weekly report, shipbroker Gibson highlighted that “earlier this week, news emerged that one of the major port operators in China’s Shandong Province, Shandong Port…