Shipowners’ “appetite” for dry bulk newbuildings hasn’t waned at all during 2019. In its latest weekly report, shipbroker Allied Shipbroking noted that “a stable flow of new orders for dry bulk vessels has been witnessed from the beginning …
Dry Bulk Newbuildings the “Weapon of Choice” Among Shipowners Read More »
The first four months of 2018 have put a huge dent in the long-term recovery of the dry bulk market. In a recent analysics, shipbroker Banchero Costa said that “2018 was a reasonably positive year for the dry bulk sector, with the Baltic Capesize, Pana…
Dry Bulk Market: 2019 Freight Rates Losses of Up to 35.7% Cloud Market’s Recovery Read More »
Greece has been buying most of their second hand purchases from Germany during 2019. So far this year, Germany has sold 17 second hand vessels to Greek owners, tying first place with Japanese sellers who have also handed over 17 vessels during the last…
Greeks make plays for German second hand vessels in 2019 Read More »
The tanker market is bracing for a tumultuous period ahead, according to ship owner Teekay Tankers. However, a slowdown in fleet growth and a potential rise in US crude oil exports could offer some respite in the long term. Teekay Tankers said in its m…
Tankers: Near-Term Headwinds Ahead Read More »
Disruptions in the supply of iron ore from Vale and Rio Tinto’s unwillingness to offset part of the losses occurred, have led to a major correction in the dry bulk market since the start of 2019. Unfortunately for dry bulk ship owners, this trend…
Dry Bulk Market: Are Further Disruptions On the Horizon? Read More »