The tanker market is about to enter its seasonally high demand period, but few – if any – experts are expecting a recovery in freight rates. In its latest weekly report, shipbroker Allied Shipbroking said that “with the summer now behind us, it is clea…
Tanker Market Will Need More Time Before it Bounces Back Read More »
Investment in tanker newbuildings is surprisingly, quite robust so far in 2021, considering the sorry state of most tanker trades. In its latest weekly report, shipbroker Gibson said that “this year has seen an impressive surge in commodity prices. Ste…
Strong LPG trade, with India’s LPG imports a significant factor has helped propel LPG tanker companies forward, during the first half of the year. In its latest weekly report, shipbroker Banchero Costa said that “global LPG trade remained fairly positi…
Global Seaborne Imports Up By 5.5% During the First Seven Months of 2021 Read More »
The incredible rally of the dry bulk market during the month of August has started to translate to higher prices in the second hand market for dry bulk carriers as well. In its latest weekly report, shipbroker Intermodal said that “August was extremely…
Second Hand Bulkers’ Prices Firm Up on Improved Freight Rates Read More »
Newbuilding activity has perked up during the past week, as have S&P deals. In its latest weekly report, shipbroker Allied Shipbroking said that “a modest flow of fresh transactions took place during the past few days or so. For a period now, the c…
Newbuilding Activity Growing Steadily Read More »