With the dry bulk market heating up, Greek ship owners are actively looking to acquire modern dry bulk tonnage. In its latest weekly report, shipbroker Intermodal said that “tonnes of ink has been spent analysing the rebound of the dry bulk market the …
Greek Ship Owners On the Market for Young Bulkers Read More »
With ship recyclers hesitant to commit more funds towards acquiring more vessels for demolition and ship owners looking to eek out the last bit of profits from their older bulkers, on the back of the latest dry bulk rally, the ship recycling market was…
Low Steel Prices Add to Ships’ Recycling Market Woes Read More »
Ship owners are stockpiling dry bulk carriers, after the latest rally in the freight rate market. In its latest weekly report, shipbroker Banchero Costa said that “despite the summer season activity picked up in the dry bulk sector following the trend …
Dry Bulkers in High Demand Amid Market Rally Read More »
The IMO2020 rule for the use of low-sulphur fuels from the beginning of 2020 is expected to offer a boost in the product tanker market, triggering demand for more cargoes. However, a lot is still dependant on if “the price is right”. In its latest week…
Compliant Bunker Fuels Long-Haul Charters A Major Risk Read More »
Things aren’t all that rosy when it comes to the tanker market these days. Besides the issues surrounding the long-term viability of older vessels, as a result of the new set of environmental restrictions, owners will have to think twice about wh…
Tankers’ Perilous Straits of Hormuz: Caught Between a Rock and a Hard Place Read More »