Ship owners have remained coy when it comes to placing a large number of newbuilding orders during the past week, as has been the case of late. In its latest weekly report, shipbroker Allied said that “the ship newbuilding market continued on an uninsp…
Ship Owners Reluctant to Commit to More Newbuildings Read More »
The tanker market’s balance of demand and supply could be headed towards a more sustainable future down the line. In its latest weekly report, shipbroker Allied said that “the tanker market has been in a state of despair since the pandemic brought an a…
Tanker Market Looks for More Balance Down The Line Read More »
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 »