The story of the past few days is the recent rebound of the dry bulk market, which has now reached a 5.5 year-high. In its latest weekly report, shipbroker Allied Shipbroking said that “feeding off the formidable jump in dry bulk freight rates that has…
Dry Bulk Market: Is the Recent Rally a Seasonal Effect or Is the Rebound Sustainable? Read More »
A usual trend has been emerging of late in the demolition market, with more ship owners hesitating to sell their older carriers for demolition, after the recent rise in dry bulk rates. However, even before this, 2019 has been a lackluster year for ship…
Demolition Market Needs to Pick Up for Rates’ Rise to Be Sustainable Read More »
The market for dry bulk carriers, both newbuildings and second hand, has heated up considerably on the back of strong sentiment exhibited in the freight market of late. In its latest weekly report, shipbroker Allied Shipbroking said that it was “a rath…
Dry Bulkers In Demand After Market Rally Read More »
A lot has been said regarding the dry bulk market’s rebound and future potential, however, much will come down to China’s and India’s dry bulk commodities’ demand growth, most notably iron ore and coal. In China, shipbroker Banc…
China and India Lead the Dry Bulk Market’s Rebound Read More »
Product tanker owners could be set for a new tanker play, with US reportedly resorting to gasoline imports, on the back of the recent events with the explosion at Philadelphia Energy Solutions’ (PES) 335,000 b/d Philly refinery. This has come at an opp…
New Tanker Plays Emerge After Philadelphia Refinery Explosion Read More »