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 »
Ship owners have been more active in the newbuiding market after China’s return from its New Year festivities. In its latest weekly report, shipbroker Allied Shipbroking said that “interest remained strong for yet another week in the newbuilding market…
Newbuilding Orders Pick Up Pace Read More »
With the past four years being marred by various trade frictions, the US-China being the biggest one, it’s expected that trade flows could start to normalize, with new agreements in the works able to shift and even enhance flows in the future. In a rec…
Trade Agreements Could Offer Additional Boost to the Shipping Markets Read More »