A new rally could be on its way for the Capesize market, which could lead it to even higher grounds than its recent peaks. In its latest weekly report, shipbroker Intermodal said that “the dry bulk market’s counter seasonal surge so far into the first …
Dry Bulk Market: Fundamentals Support New Rally After Latest Overcorrection Read More »
The product tanker market is expected to recover over the summer period, although not at a pre-pandemic rate. In its latest weekly report, shipbroker Allied Shipbroking said that “we are now just a few weeks away from the start of the summer period. A …
Product Tanker Demand Expected to Pick Up Read More »
Activity has continued to be more than healthy, in both the newbuilding and S&P markets over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “things continue to look encouraging on the newbuilding m…
The allure of even higher offers isn’t one to be ignored by many ship owners these days, when it comes to deciding whether to scrap their older ships or not. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “commodity markets ra…
Demolition Market “Hotting Up” Read More »
Despite last week’s setback, the dry bulk market continues to impress with its strong trajectory since the onset of this year. In its latest weekly report, shipbroker Allied Shipbroking said that “now, reaching close to halfway through the 2nd quarter …
Dry Bulk Market: Is the Momentum Sustainable This Time Around? Read More »