New refining complexes in East Africa could be a boost for tankers owners moving forward. In its latest weekly report, shipbroker Gibson said that “late last week, an explosion at South Africa’s second largest refinery cast focus firmly on the East and…
Tankers Could Benefit from East African Refining Development Read More »
2021 could offer some impetus for a recovery in the shipping markets, which would in turn bring a rebound in asset prices as well. In its latest report, shipbroker Intermodal said that “heading towards the end of a difficult year and with the entire pl…
Shipping’s Fundamentals Could Offer Reason for Optimism During 2021 Read More »
The return of Bangladesh in the ships’ recycling market captured all the headlines this past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “after months of what can only be described as a sluggish market, and as aforeme…
Ships’ Recycling Activity Up, as Bangladesh Returns to the Market Read More »
Ship owners appear to be making a final push in the newbuilding market, prior to the end 2020, in anticipation of improving market conditions, moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “a strong push was noted…
Newbuildings Back in the Foray Read More »
China’s and Australia’s trade tensions, which have led to disruptions in the ever so important for the dry bulk market, coal trade, could potentially lead to more long-haul charters. For example, Canada is the seventh largest exporter of coal in the wo…
Could Australian Seaborne Coal Trade Disruption Lead to Higher Ton-Mile Demand? Read More »