Tanker owners are eagerly awaiting for an increase in crude oil production. Still, according to shipbroker Gibson, “the tighter OPEC keep things today, the greater the potential future rewards from higher US exports could be”. In its latest weekly repo…
Tanker Owners Looking Forward to a Rise in Crude Oil Production Read More »
The seaborne coal trade has been one of the few “dark horses” of the dry bulk market over the past couple of years. In a recent analysis, shipbroker Banchero Costa commented that “2020 proved to be a truly terrible year for global seaborne coal trade. …
Dry Bulk Market: China’s Coal Imports Keep Retreating in 2021 Read More »
The tanker market is expected to start recovering, in line with a demand growth in the crude oil market. In its latest weekly report, shipbroker Allied Shipbroking said that “a slight reversal in the prevailing trend has been witnessed in the crude oil…
Tanker Market: Recovery is a Matter of When, not If Read More »
The demolition market remains rather lively, as more tonnage has been sold for scrap. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after last week’s further strengthening in price levels, some in the industry were expecting…
Ships’ Recycling Market Heating Up Read More »
Newbuildings and ships acquired in the S&P market are in high demand these past few weeks, with many owners looking to stock up ahead of an expected strong rebound in world trade growth. According to the latest weekly report from shipbroker Clarkso…
Ship Owners Are Stocking Up on New Ships Read More »