It’s been another week of lacklustre demolition activity, which doesn’t bode well for the future rebalancing of the shipping markets, despite the strides forward taken during 2018. Should world trade growth slowdown even further next year, …
“Wait-and-See” Approach Dominates Ships’ Demolition Activity Read More »
Newbuilding contracting was once again far from brisk over the course of the past week, following the trend set recently. In its latest weekly report, shipbroker Allied Shipbroking said that “limited newbuilding activity this past week for the dr…
Newbuilding Orders Still Scarce As 2019 Edges Closer Read More »
Placing a newbuilding order is a complex enough procedure on its own merit, given the fact that a ship owner has to accurately predict the market a few years down the line. But in today’s busines environment, these decisions have additional layer…
The questions to weigh before ordering a newbuilding tanker Read More »
The Aframax tanker class is becoming the latest “success story” in an otherwise turbulent year for the wet market. In a recent analysis, shipbroker and tanker market specialist Charles R. Weber noted that “the recent rallying of the dirty tanker market…
Aframaxes Are Now the “Darlings” of the Tanker Market Read More »
Is it the trade war, or a shift in market fundamentals (supply-demand)? Whatever the case, the recent freefall of the dry bulk market came as a surprise or maybe not?. In its latest weekly report, shipbroker Allied noted that it was “a month of sharp c…
Lackluster Dry Bulk Market to Persist to the End of 2018 Read More »