The Aframax Mediterranean market stands to benefit from a potential recovery of Libya’s oil production, however difficult this may sound at present. In its latest weekly report, shipbroker Gibson said that “in recent years, despite holding the largest …
Libyan Oil Market Could Offer Support to the Aframax Mediterranean Market Read More »
Tensions aside, China remains Australia’s biggest market for iron ore, accounting for almost 80% of its exports in 2021. In a recent weekly report, shipbroker Banchero Costa noted that “2021 was still a reasonably positive year for global iron ore trad…
Australia Remains a Key Exporter of Iron Ore to China Read More »
The end of China’s New Year Celebrations is bound to bring with it a restocking process, which could help the dry bulk market move forward and recover part of the lost ground of the past few months. In its latest weekly report, shipbroker Intermodal sa…
Dry Bulk Market Edging Forward Read More »
Ship owners have been rather active in the S&P market, especially when it comes to bulk carriers. In its latest weekly report, shipbroker Allied noted that “on the dry bulk side, the SnP market returned back to a strong pace as of the past week, gi…
Demand for Dry Bulkers Remains Strong Read More »
The current market sentiment is pointing towards more ship recycling activity moving forward. In its latest weekly report, shipbroker Clarkson Platou Hellas commented that “the firming rates being witnessed in the recycling market is starting to gain a…
Ship Owners More Willing to Sell Their Vintage Tonnage Read More »