A small paradox is emerging in the tanker market, with ship values rising despite the steady downward pressure of the freight market. In its latest weekly report, shipbroker Intermodal commented that “tanker asset values have surprised with their upsid…
A Paradox? Tanker Prices Are Rising Despite Freight Rates’ Demise Read More »
Bright prospects in the container and dry bulk segments have been feeding the global orderbook with fresh orders. In its latest weekly report, shipbroker Allied Shipbroking said that “it was another interesting week for the newbuilding market, given th…
Newbuilding Orders Picking Up Read More »
With tonnage supply in the ship recycling market not particularly impressive, shipbroker Clarkson Platou Hellas said that “all the talk this week centred around the reports from China amid the potential collapse of the property empire Evergrande which …
Ship Recycling: “Steady as She Goes” During the Final Quarter of 2021 Read More »
The tanker market is looking for additional support from markets like India. In its latest weekly report, shipbroker Banchero Costa said that “2020 was overall a very negative year for crude oil trade. Total loadings in the 12 months of 2020 were down …
India Could Provide Demand Support in the Tanker Market Read More »
The rise of gas prices could act as a catalyst for oil demand and thus more cargoes for oil tankers, should more countries opt for oil-based supplies for their winter needs. A cold winter could also play its part. In its latest weekly report, shipbroke…
Gas Price Rally Could Trigger More Demand for Tankers Read More »