China’s fourth quarter crude oil imports remain a conundrum. In theory, China’s refineries have ample import quota to utilize, should they need to increase imports. However, this development is far from certain at this point in time. In its latest week…
China Crude Oil Imports Could Trigger Tanker Market Upside During Fourth Quarter Read More »
China’s coal imports have diminished over the course of the third quarter, after a promising beginning to the year. In its latest weekly report, shipbroker Banchero Costa said that “China’s coal imports boomed in 2019, surprising many who had exp…
China Coal’s Imports: A Dry Bulk Market Conundrum Read More »
China’s economic recovery of late bodes well for the long-term prospects of the dry bulk market. However, there are still many hurdles to be overcome, until analysts can be confident in a full-blown freight rate resurgence. In its latest weekly report,…
China Offers Hope for Long Term Dry Bulk Market Growth Read More »
Ship recycling activity has taken a U-turn of late, with slowdown widely noticed as a result of various National holidays in the Asian region, predominantly China. In its latest weeky report, shipbroker Clarkson Platou Hellas said that “with various Na…
Ship Recycling Activity Slows Down Because of Asian Holidays Read More »
Ship owners turned to tanker ordering over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a week in which tankers attracted all of the attention in the newbuilding market, after a prolong perio…
Tankers Steal the Show Among Newbuilding Contracting Read More »