In today’s market conditions, it may wise to remove some older tonnage, although there are still many market unknowns. In its latest weekly report, shipbroker Clarkson Platou Hellas said that ‘with each week bringing new port restrictions and regulatio…
Where to Next for Demolition Activity? Read More »
The latest trends in crude oil production, after the latest OPEC and Russian talks took place, make for an interesting reading. In its latest weekly report, shipbroker Gibson said that “this week global crude benchmarks plummeted to their lowest levels…
Oil: Where to Next? Read More »
Russian crude oil exports could exhibit yet more trade shifting patterns in the months to come, as a result of the Coronavirus effect. In its latest weekly report, shipbroker Banchero Costa said that “in the 12 months of 2019, Russia exported 225.3 mln…
Trade Patterns Mixing Up Russian Crude Oil Exports Read More »
Ships’ prices are bound to retreat in the coming weeks, under pressure from a global economical slowdown and the negative impact it will have on shipping. Amid this development, shipbroker Intermodal expects new investment opportunities to arise for bo…
Ships’ Prices Will Come Down Read More »
Ship owners have pushed forward with more newbuilding contracting activity this week, but deals in the S&P market appear to be dwindling. In its latest weekly report, shipbroker Intermodal said that “a healthy number of orders surfaced for a second…
Newbuilding Orders on the Rise, But S&P Deals Scarce Read More »