Demand for dry bulk tonnage has remained high in the S&P market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, interest for SnP transactions remained vivid for yet another week, with several units of di…
Dry Bulk Carriers in High Demand as Rates Keep Rallying Read More »
Wet tonnage has been feeding towards the demolition market over the past few weeks. In its latest weekly report, shipbroker Allied Shipbroking commented that “the tanker units were once again in the spotlight of the ship recycling market, with owners t…
Tanker Tonnage Gaining More Ground in the Demolition Market Read More »
An increased crude oil production in the U.S. could offer additional support to the tanker market. In its latest weekly report, shipbroker Gibson said that “US crude production has averaged this summer some 600,000 bpd above the level seen in summer 20…
Rising US Crude Oil Production Expected to Help the Tanker Market Read More »
An improvement in third quarter crude loadings from Iraq, could offer some scope for optimism among tanker owners. In its latest weekly report, shipbroker Banchero Costa said that “2020 was overall a very negative year for crude oil trade. Total loadin…
Tanker Market: Iraq’s Third Quarter Oil Exports Provide Reason for Optimism Read More »
A looming energy crisis could act in favor of tanker demand in the coming weeks and months, which could help lift earnings. In its latest weekly report, shipbroker Intermodal said that “in a year where both the container and the dry bulk freight sector…
Are Crude Tankers Primed for an Earnings Comeback? Read More »