The renewal process of the global fleet has picked up pace in 2021, after a lackluster couple of years. In its latest weekly report, Clarkson Platou Hellas said that “in tankers, STX Jinhae have announced a plethora of deals this week. The yard has sig…
Newbuilding Contracting Picks Up Pace Read More »
The dry bulk market is expected to post additional gains in the weeks to come, thanks to a growing list of positive fundamentals. In its latest weekly report, shipbroker Intermodal said that “the strong freight performance since the beginning of year h…
Dry Bulk Market Looking for Next Rally Read More »
Tanker owners are eagerly awaiting for an increase in crude oil production. Still, according to shipbroker Gibson, “the tighter OPEC keep things today, the greater the potential future rewards from higher US exports could be”. In its latest weekly repo…
Tanker Owners Looking Forward to a Rise in Crude Oil Production Read More »
The seaborne coal trade has been one of the few “dark horses” of the dry bulk market over the past couple of years. In a recent analysis, shipbroker Banchero Costa commented that “2020 proved to be a truly terrible year for global seaborne coal trade. …
Dry Bulk Market: China’s Coal Imports Keep Retreating in 2021 Read More »
The tanker market is expected to start recovering, in line with a demand growth in the crude oil market. In its latest weekly report, shipbroker Allied Shipbroking said that “a slight reversal in the prevailing trend has been witnessed in the crude oil…
Tanker Market: Recovery is a Matter of When, not If Read More »