The rally in the dry bulk market during most of the third quarter has offered owners of dry bulk carriers, many reasons to be optimistic about the long term sustainability of a new period of growth for the segment. In its latest weekly report, shipbrok…
Dry Bulk Market Offers Reasons for Continued Optimism Read More »
The tension in the relationship between Australia and China, already evident since the start of the pandemic, hasn’t abated until now. On the contrary, it seems to be worsening, which in turn, is causing an upset to regular dry bulk trade patters. In i…
Dry Bulk Trading Patterns Shifting Read More »
Demand for dry bulk second hand carriers has seen a marked increase over the course of the past week, with many deals being reported. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, it was a very vibrant week…
Bulkers in Demand as Freight Rates Go From Strength to Strength Read More »
Tankers keep on feeding the ship recycling market, as the lackluster tanker market is motivating ship owners to sell some of their vintage tonnage for scrap. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “iron ore prices are …
Tankers Are Leading Demolition Candidates Read More »
The tanker market could receive a very welcome boost in the coming weeks and months, mainly in the Middle East to Asia benchmark routes. In its latest weekly report, shipbroker Intermodal said that “following the oil price sell off during most of Augus…
Tanker Demand Could Receive a Welcome Boost In the Coming Weeks Read More »