Ship owners have reentered the newbuilding market, but only for the segments which have shown the most potential. In its latest weekly report, shipbroker Allied Shipbroking said that “the vast difference in sentiment being noted between the dry bulk an…
Newbuilding Market of “Two Worlds” Read More »
A boost in dry bulk demand, mainly from China, would go a long way into alleviating fears of a new crash in the dry bulk market. In fact, signs over the first few months of the year had been encouraging. In a recent report, shipbroker Banchero Costa sa…
China’s Iron Ore Imports Could Offer Some Respite in the Dry Bulk Market Read More »
New tonnage in the tanker market could become scarce in the next few years, in what appears to be a silver lining amid the pandemic. In its latest weekly report, shipbroker Gibson said that “setting aside the exceptional volatility in tanker rates, Cov…
Tanker Newbuildings Hard to Come By Read More »
Crude tanker owners could use some good news, as they are preparing to enter a period of uncertainty, following the expiry of the contango effect, which boosted their earnings in the short-term. In a recent weekly note, Banchero Costa detailed the curr…
West Africa Market Could Support Tanker Rates Read More »
As various governments around the world are gradually shaping their stimulus and policies to jolt their economy, the shipping industry is eagerly waiting for them to take effect and translate into a growth in global trade. In its latest weekly report, …
Global Economy’s Rebound Will Determine Shipping’s Turnaournd as Well Read More »