The tanker market is still expected to face some headwinds moving forward, but as the global economy recovers, so will oil demand. In a recent market analysis, ship owner Teekay Tankers said that “crude tanker spot rates remained under pressure during …
Tanker Market Facing Short-Term Challenges, But Outlook Still Positive Says Ship Owner Read More »
The rally in commodities’ prices has underpinned one of the best dry bulk markets in over five years, given the scale and duration of the existing upward trend. In its latest weekly report, shipbroker Allied Shipbroking said that “things in the dry bul…
Dry Bulk Market Exceeds Expectations, But is The Current Trend Sustainable? Read More »
Ship owners’ interest has shifted towards the S&P market during the past few days. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the positive momentum continues to push forward with several transactions…
Dry Bulk Second Hand Tonnage in High Demand Read More »
The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the current market sentimen…
Ship Recycling: Are High Prices Off the Table? Read More »
The dry bulk market is primed for a renewed upward momentum in the weeks and months to come. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a stellar couple of months for commodities, with prices and demand having ris…
Dry Bulk Market: Conditions Are Favorable for More Upward Momentum Read More »