The dry bulk market has staged a rebound over the past few weeks, but more positive news are required from the demand side of things, in order for a more sustainable recovery to take center stage. To this extent, China’s soybean imports could provide s…
China’s Soybean Imports A Ray of Hope in the Dry Bulk Market Read More »
Shifts in refinery usage around the globe, is expected to make waves in the product tanker market. In its latest weekly report, shipbroker Gibson said that “refinery rationalisation is back on the agenda. With a prolonged weakness in refinery margins d…
Refinery Rationalisation Shaping Up Future Tanker Demand Read More »
A slowdown of dry bulk ordering activity, combined with more demolition is beginning to improve market fundamentals, especially in the smaller classes. In its latest weekly report, shipbroker Intermodal noted that “a step back from the intense everyday…
Solid Fundamentals Emerging in the Dry Bulk Market Read More »
A potential rebound in trade and freight rates is hinging on a successful dealing with the pandemic, which, as of today, is rather elusive. In its latest weekly report, shipbroker Allied Shipbroking said that “reaching the end of the summer period and …
Shipping’s Recovery is Tied to the Pandemic Read More »
Cash buyers have gradually returned to the demolition market and with few tonnage readily available, prices have picked up. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with many owners and stakeholders in the industry stil…
Demolition Market On The Rise Read More »