The tanker market could be in for a positive surprise in the near future according to shipbroker reports. In its latest weekly report, shipbroker Allied Shipbroking said that “the drive for further oil production continues as prices for crude oil reach…
Tanker Market Could Recover in the Short-Term Read More »
Oversupply of tonnage could soon be eradicated in the wet markets, if the current pace of demolition activity is maintained. In its latest weekly report, shipbroker Intermodal noted that “on the crude sector, a very anemic supply growth in 2014 helped …
News broke this past week that Pakistan has reportedly reopened the market for tanker imports, bound for recycling. In its latest weekly report, Clarkson Platou Hellas commented that “it has finally happened… following reports received, it is our under…
Pick Up Seen in Ships’ Demolition Market, on Pakistan News Read More »
The optimism surrounding the prospects of the dry bulk market in the long-term was enough to trigger additional newbuilding orders over the course of the past week. In its latest weekly report, Allied Shipbroking said that “it is true that newbuilding …
Dry Bulk Ordering Activity Rides Wave of Optimism Read More »
Tanker owners were granted some respite over the course of the past week, as demand in the VLCC market edged higher. In its latest weekly report, shipbroker Affinity Research commented that “VLCCs experienced a positive start to the week, with 32 cargo…
Tankers: VLCC Market On the Mend? Read More »