Tanker owners are having to deal with a multitude of external factors, having an impact on rates and trading. In its latest weekly report, shipbroker Intermodal said that “the global shipping industry is facing numerous challenges at a time when geopol…
Tankers: Strait of Hormuz, Oil Prices and Marine Insurance Premiums Read More »
The dry bulk market remains a conundrum for those involved, as the course of freight rates hasn’t been all about fundamentals, with more factors entering into play. In its latest weekly report, shipbroker Allied Shipbroking said that “having reach the …
Dry Bulk Market: A Long-Term Rebound Remains an Enigma Read More »
2019 was expected to bring about a new batch of ships eligible for recycling, in a further boost to the shipping markets. However, this hasn’t been the case during the first quarter of the year. In its latest weekly report, shipbroker Clarkson Pl…
No Rebound in Sight for Ship Demolition Volumes Read More »
Ship owners around the world have adopted a risk-aversion policy, which translates to refraining from adding more newbuildings on the global orderbook. In its latest weekly report, shipbroker Banchero Costa said that “there was not much fresh business …
Risk Aversion Grips the Shipping Industry Read More »
Despite the improving market conditions over the course of the second quarter of 2019, the negative impact of the first few months of the year are still felt throughout the industry. Nevertheless, ship owners’ restrain when it comes to adding mor…
Capesize Market Recovery Still a “No-Show” Read More »