The Russian crude oil export trade has been yet another reason of frustration for tanker owners, as a dismal 2020 is now been followed by an even worse 2021 so far. In a recent weekly report, shipbroker Banchero Costa said that “2020 was overall a very…
Russian Crude Oil Trade Shrinking Read More »
The dry bulk market has rallied to levels not seen since 2010. However, this latest rise could be short lived, as a result of weakening fundamentals. In its latest weekly report, shipbroker Allied Shipbroking said that “in the midst of August, the dry …
Prices for second hand bulkers has soared over the past few weeks, in tandem with the rally in the freight rate market. By the 24th of August 2021, the Baltic Dry Index had reached 4,201, a year to date high and the highest since May 2010. In its lates…
“Unbelievable” Dry Bulk Market Rally is Pushing Ship Values Higher Read More »
Investment appetite for more dry bulk carriers has been rather high of late, thanks to a renewed rally in the dry bulk market. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, it was a very interesting 2-week …
Ship Owners Move for More Bulkers Read More »
The ship recycling market has witnessed a slight price correction during the past week, but it’s still predicted to remain firm during the second part of the year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with a slight …
Ship Recycling Predicted to Remain Firm During the Second Half of 2021 Read More »