More ship owners appeared willing to offload their older ships as 2020 nears its end. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “following the sudden drop in price levels from Bangladesh this week, there appears to be a l…
Ship Recycling Market Looking Active as Tonnage Supply Increases Read More »
Newbuikding ordering activity has taken a back seat, as the Holiday Season approaches. In its latest weekly report, Allied Shipbroking said that “an anticipated slow-down was witnessed in the newbuilding market as we are approach the end of the year, w…
Newbuilding Market Slowing Down as Holiday Season Nears Read More »
Trade volumes for iron ore and other dry bulk commodities have shown considerable promise of late, offsetting the coal “issue” between China and Australia. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a week of furt…
Major Commodities’ Trade Could Bode Well for Shipping During 2021 Read More »
The tanker market is bound to need more time to recover after a year which was far from normal. In its latest weekly report, shipbroker Gibson said that “the best science fiction script writers from Hollywood could not have come up with the twists and …
Tanker Market Expected to Take Time to Recover Read More »
The tanker market stayed weak during the month of November, OPEC said in its latest monthly report. Dirty tanker rates remained weak in November, at the historically low levels so far in 2H20, amid ample tonnage lists. However, signs indicating that No…
Tanker Market Weak Throughout November Read More »