Dry bulk owners are still keen on more investments in dry bulk tonnage, both newbuildings and second hand vessels, despite the fact that the dry bulk market is experiencing one of its most severe periods of downwards pressure, now at a 9-month low. In …
Shipowners Keep Investing in Dry Bulkers Despite Market Demise Read More »
With 2019 marking one of the low-points of the past decade, in terms of ships’ demolition activity, things need to pick up pace in 2020, for the shipping markets to start recovering. In its latest weekly report, shipbroker Clarkson Platou Hellas …
Ships’ Recycling Activity Needs to Pick Up Pace in 2020 Read More »
2020 has already started with a “bang” when it comes to the tanker market after the latest developments in the Middle East. In its latest weekly report, shipbroker Gibson said that “2020 is already turning out to be a highly volatile year. Most tanker …
Tanker Market: The Latest Variables to Affect Freight Rates Read More »
Compliance with the new IMO 2020 rule is causing various headaches among ship owners. In a recent report, Intermodal said that “as we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to…
Dealing With IMO 2020 Compliance Read More »
The dry bulk market has been on the downside for 20 straight sessions now, indicating that a weak sentiment has settled for good. To make matters worse, in three weeks time comes the Chinese New Year, traditionally a low point for the market in terms o…
Dry Bulk Market: Things Will Get Worse Before They Improve Read More »