Vintage tonnage is expected to be rather scarce during the coming weeks, as China’s Holidays and subsequent Olympics is expected to dampen ship owners’ appetite for more sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “t…
Tonnage Availability Expected to Be Scarce in Ship Recycling Market Read More »
A limited supply of fresh tonnage could speed up the recovery of the tanker segment, which unlike other parts of shipping, has failed to stage any sort of recovery over the past 18 months. In a recent report, shipbroker Allied said that “the tanker sec…
Decreased Tonnage Supply Could Help the Tanker Market’s Recovery Read More »
With the shipping industry gradually expected to move towards cleaner fuels, ordering a newbuilding vessel today can be a very difficult “exercise” from a compliance and financial point of view. So what are the options that ship owners have opted to ch…
Shipping Decarbonization: Solving the Newbuilding Ordering Conundrum Read More »
The long-expected year-end recovery in dirty tanker spot freight rates failed to materialize in December, as lockdowns at the end of the year and softer Chinese buying limited tonnage demand, OPEC said this week, in its latest monthly report. On averag…
2021 Ends With Tanker Market in Dire Straits Read More »
Data from China this past week, seems to support the positive narrative, regarding a potential swift rebound of the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a slow start to the ye…
China’s Figures Point Towards Dry Bulk Market’s Resurgence Read More »