The newbuilding market has been dominated by the container and LNG segments of late, but the dry bulk sector has also seen its fair share of action lately. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the dry market, cli…
Containers and LNG Tankers Ruling the Newbuilding Market Read More »
China’s iron ore imports were down by 8.5% during the first quarter of 2022. In a recent report, shipbroker Banchero Costa said that “2021 proved fairly robust, but far from remarkable, in terms of global seaborne iron ore trade. Total global loadings …
Dry Bulk Market: First Quarter Iron Ore Imports From China Were Down By 8.5% Read More »
In what seems like a paradox, amid the current environment, the volume of Urals crude currently held on tankers, is the highest level since records began in 2016”. In its latest weekly report shipbroker Gibson noted that “it has been almost two months …
Russian Crude on Tankers is the Highest on Record Read More »
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 »