Wet tonnage has continued to dominate the demolition markets, which are expected to heat up in the weeks to come, at least in terms of prices offered, thanks to a rapidly rising price for steel. In its latest weekly report, shipbroker Clarkson Platou H…
Tanker Scrapping Continues to Dominate, As Prices Heat Up Read More »
Prices for dry bulk carriers could soon rally, following hot on the heels of the latest rally of the dry bulk market freight rates. Despite last week’s correction, shipbrokers appear to be quite optimistic regarding a renewed rebound in asset prices as…
Dry Bulk Ships’ Values Set to Rally Read More »
A carbon levy for shipping could be the answer, in order to fund the make the transition to greener shipping fuels. In its latest weekly report, shipbroker Gibson said that “heads of state haven’t even got on their respective planes to fly to Glasgow f…
The Case For A Carbon Levy on Shipping and the Many Challenges This Entails Read More »
The dirty tanker market remained soft in September amid a continued imbalance between tonnage supply and demand, keeping rates at low or even loss-making levels, OPEC said in its latest weekly report. However, there has been a definite pickup in sentim…
Tanker Market Remained Soft in September Read More »
The dry bulk market could be looking for at least two more quarters of solid performance, should the futures market prove to be correct. In its latest weekly report, shipbroker Intermodal said that “following up on our insight on May 2021, where we dis…
Dry Bulk Futures at Multi Year Highs Read More »