The tanker market is expected to remain heavily reliant on Middle East crude flows for a little while longer. In its latest weekly report, shipbroker Gibson said that “with world oil demand having collapsed in the wake of the Covid-19 pandemic, major d…
While demand for dry bulk carriers has intensified over the past few weeks, evidence from the data of the first half of 2020 suggests that the total number of transactions is lower than the previous years. Meanwhile, the second half of 2020 could prove…
Dry Bulk Market Not “Out of the Woods” Yet Read More »
The rise of the dry bulk market has led to a significant increase of bulkers’ S&P deals, but mainly for the larger classes (i.e. Capesizes and Panamaxes), as the Handy segment attracted a much reduced demand. In its latest weekly report, shipbroker…
Large Dry Bulk Carriers in Demand Read More »
As freight rates, particularly in the dry bulk market, ships’ recycling activity has taken a hit. In periods of a strong market environment, demolition activity tends to suffer and this has occurred once more. In its latest weekly report, shipbroker Cl…
Demolition Activity Suffers as Freight Rates Rebound Read More »
Ship owners have intensified their interest towards second hand dry bulk carriers, most notably Capesizes, as a result of the recent market rally. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, a very strong…
Capesize Bulkers In High Demand Read More »