With freight rates in the dry bulk market now at a seven-week low, after the rally of the past few months, hopes are beginning to revive of a recovery in the ships’ recycling market, which has just exited from one of the quietest summers in recent year…
Ships Recycling Market: Hopes of a Recovery Read More »
Improved market sentiment has triggered a rebound in demand for dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking noted that “it seems that dry bulk interest has started to return to the newbuilding market after a fairly…
Demand for Dry Bulk Newsbuildings Picks Up Read More »
Tanker freight rates have rallied during the past few weeks, in the aftermath of the attacks on Saudi Arabia’s oil facilities. With production now almost reaching pre-strike levels, it seems that the tanker market is primed for a sustainable rall…
Tanker Market: Will it End 2019 With a Bang? Read More »
While the freight rate market for dry bulk carriers has failed to rebound over the course of the past three weeks, demand for second hand bulkers and, more specifically, those built between 2008 and 2011 has kept up its momentum. In its latest weekly r…
Dry Bulk Market: Ship Owners Turn to ‘08-’11 Tonnage Read More »
It’s never boring in the tanker market and 2019 has been no exception, with rates rising – for the most part, but the way they did that was never going to be straightforward, with so many factors, most notably geopolitical ones, entering into play. Sti…
Tanker Market Looking Good Entering Fourth Quarter Read More »