With dry bulk rates plunging and the profit plays in the tanker market soon expected to come to an end, the shipping industry is looking for clues towards the next upward cycle, as the global economy is slowly emerging from the self-imposed lockdown me…
Shipping Looking for Rebound Clues Read More »
Newbuilding contracting activity is expected to retreat heavily in 2020, as a result of a curb in investment by ship owners. This trend was briefly interrupted over the course of the past fortnight, only to be resumed during the previous days. In its l…
Sluggish Newbuilding Trend Resumes, as Market Headed For Downturn Read More »
While tankers are one of the few “silver linings” in the shipping market in the current context, things could very well turn south if the negative impact from the pandemic of COVID-19 is larger than originally thought. Shipping, not just tankers, needs…
Global Economy’s Rebound Will Determine Shipping’s “Fate” Read More »
Extreme volatility with a dash of oversupply come next year, could be the “recipe” for the tanker market moving forward, as shipping tries to adjust to the new reality shaped by the pandemic and its economic aftermath. In its latest weekly report, ship…
Tankers Could Face Headwinds from 2021 Onwards Read More »
With the global economy expected to be in recession mode from the second quarter onwards, expectations for a shipping industry rebound in 2020 are practically non-existent, with the sole silver lining being the low oil price environment, which has temp…
Shipping Is Just Waiting for the Inevitable Read More »