The tanker market is experiencing some of its best days of the past couple of decades, as ton-mile trading has grown considerably. In its latest weekly report, shipbroker Allied Shipbroking said that “oil markets look to be in complete disarray this we…
Tanker Rates at 20-year Highs as Ton-Mile Demand Grows Read More »
With the year coming to an end, analysts are anticipating an elevated number of newbuilding orders, as owners will look to conclude more deals. In its latest weekly report, shipbroker Allied Shipbroking said that “the volume of newbuilding orders appea…
More Newbuilding Orders Could be on the Way Read More »
The ship recycling market has remained subdued over the course of the past week, solidifying the general market negativity of the past few weeks. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the steel markets continue to fa…
Rate Uncertainty Rules the Ship Recycling Market Read More »
The dry bulk market could receive a boost from the existing condition in the Black Sea grain market. In its latest weekly report, shipbroker Intermodal said that “global grain markets continue to remain stretched. Drought, high temperatures, heavy rain…
Black Sea Region Could Add Further Support to the Dry Bulk Market in the Coming Months Read More »
Demand for tankers aged from 15-years and older have been in high demand in the secondhand market. In its latest weekly report, shipbroker Gibson (https://www.gibsons.co.uk/) said that “this year, 15-year-old crude tanker values have broadly outperform…
Older Tankers in High Demand Read More »