Improved demand for dry bulk commodities and a slow fleet growth should improve the freight rate market and act as growth drivers. In its latest weekly report, shipbroker Intermodal said that “it has been another declining week for the dry bulk market …
Dry Bulk Market Should Stabilize During 2022 Read More »
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 »