With the global economy and trade expected to develop rapidly in the post-pandemic period, shipbrokers expect that the dry bulk market and more specifically, freight rates for mid-sized bulkers could be the main beneficiaries. In its latest weekly repo…
Mid-Sized Bulkers To Benefit From Post-COVID Recovery Read More »
While the latest OPEC’s decision regarding oil supply, could lead to more “pain” for the tanker market, it could provide for long-term benefits. In its latest weekly report, shipbroker Gibson said that “this past week’s new that OPEC+ would keep produc…
Tankers: Long Term Prospects Could Be Rosier Read More »
Seaborne coal trade was one of the major “losers” of 2020, as total loadings fell significantly as a result of lower demand. In a recent weekly report, shipbroker Banchero Costa said that “2020 proved to be a truly terrible year for seaborne coal trade…
Seaborne Coal Trade Took a Major Hit in 2020 Read More »
Shipping shouldn’t get too carried away by the bullish sentiment which is prevalent in the commodities markets these days, amid talk of a new “super-cycle”. Sustainability of demand is of paramount importance when it comes to maintaining an upward mome…
Freight Market Vs Commodities Rally: A Match Made In Heaven? Read More »
A lack of tonnage is becoming evident in the ship recycling market, as the firming up of the freight market has limited selling opportunits among ship owners. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with owners still e…
Lack of Tonnage Prevalent in the Demolition Market Read More »