Tanker markets are being broadly impacted by uncertainties related to geopolitical developments. Aframax and Suezmax freight rates, the main vessels used to transport Black Sea flows, have been particularly affected, OPEC said in its latest monthly rep…
Tanker Market Affected By Geopolitican Tensions Read More »
Investments in the newbuilding and S&P markets have been largely steady over the course of the past week. In its latest weekly report, shipbroker Intermodal noted that “SnP activity remained strong for yet another week, with buyers in the tanker re…
Shipping Investments on Steady Pace for Both Newbuildings and Secondhand Vessels Read More »
The dry bulk and tanker market fortunes are locked in opposite directions. The tanker market seems to be in a positive momentum, while the trend in the dry bulk market seems to be downward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Tanker and Dry Bulk Markets In Opposite Directions Read More »
The Easter Holidays haven’t been enough to put a halt in the “red-hot” ship demolition market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the recycling industry continues to surpass expectations with the recent historical…
Easter Holidays Not Enough to Put the Brakes on Ship Recycling Market Read More »
China’s lockdowns in Shanghai is expected to have a significant impact in the global supply chains and the tanker markets, especially when seen in tandme with everything else that’s been going on in the world’s economy today. In its latest weekly repot…
China’s COVID-19 Outbreak Introduces New Implications for the Shipping Markets Read More »