The tanker market is looking for additional support from markets like India. In its latest weekly report, shipbroker Banchero Costa said that “2020 was overall a very negative year for crude oil trade. Total loadings in the 12 months of 2020 were down …
India Could Provide Demand Support in the Tanker Market Read More »
The rise of gas prices could act as a catalyst for oil demand and thus more cargoes for oil tankers, should more countries opt for oil-based supplies for their winter needs. A cold winter could also play its part. In its latest weekly report, shipbroke…
Gas Price Rally Could Trigger More Demand for Tankers Read More »
The rally in the dry bulk market during most of the third quarter has offered owners of dry bulk carriers, many reasons to be optimistic about the long term sustainability of a new period of growth for the segment. In its latest weekly report, shipbrok…
Dry Bulk Market Offers Reasons for Continued Optimism Read More »
The tension in the relationship between Australia and China, already evident since the start of the pandemic, hasn’t abated until now. On the contrary, it seems to be worsening, which in turn, is causing an upset to regular dry bulk trade patters. In i…
Dry Bulk Trading Patterns Shifting Read More »
Demand for dry bulk second hand carriers has seen a marked increase over the course of the past week, with many deals being reported. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, it was a very vibrant week…
Bulkers in Demand as Freight Rates Go From Strength to Strength Read More »