The ship recycling market has picked up the pace during the past week, with a significant number of new deals coming through. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “an incredible turnaround came to light this week wit…
Ship Recycling Market Heating Up Read More »
Despite the latest correction in the dry bulk market, ship owners haven’t been deterred in their quest for modern tonnage, both through contracting and through S&P acquisitions. In its latest weekly report, shipbroker Allied Shipbroking said that “…
Ship Owners Return to Shipyards Read More »
Dirty tanker spot freight rates continued to show some positive momentum in October, with gains across all classes, OPEC said in its latest monthly report. Rates benefited from a general pick-up in activity starting at end-September. VLCCs and Suezmax …
Tanker Market: October Showed Some Positive Momentum Read More »
Tanker owners are bound to benefit from more oil coming into the market from the start of 2022 onwards, as demand continues to recover. However, with plans around the world to move away from fossil fuels is bound to catch up in the long term. In its la…
Tankers: Oil Supply to Remain Limited, but Not For Long Read More »
The Capesize market has taken a turn for the worse, after a sustained period of rises, with owners now worried that the market could be overcorrecting. In its latest weekly report, shipbroker Allied Shipbroking said that “the enthusiasm amongst Capesiz…
Dry Bulk Market: Ship Owners’ Enthusiasm Turns to Concern as Rates Plunge Read More »