Despite the fall in activity in the S&P market for dry bulk carriers compared to 2017, prices have continued to edge higher. In a recent monthly analysis, with the occasion of the completion of the first quarter of 2018, shipbroker Golden Destiny h…
Dry Bulk Prices Up by 18% in March Read More »
The freight market for VLCCs has continued to remain unimpressive. According to the latest weekly report from shipbroker Gibson, there was “no improvement for previously sliding VLCCs….a slow week as Charterer’s proceeded to gently close out the …
Early Month Activity the Hope for a VLCC Rebound Read More »
The expectation among shipbrokers is that demolition activity for older carriers will resume as soon as the market returns to its normal activity. In its latest weekly report, Clarkson Platou Hellas said that “with the Easter holidays in full flow acro…
Slowdown in demolition activity expected to be temporary Read More »
Low prices seem to be the main reason behind the trend of rising newbuilding orders for tankers. Despite the fall of the freight rate market and an apparent oversupply of tonnage in most parts of the wet market, it seems that ship owners can’t re…
Newbuilding Orders for Tankers on the Rise Read More »
When shipping analysts were looking into 2018 with a glooming optimism regardin the dry bulk market’s recovery prospects, on the back of a solid 2017 and positive fundamentals, they couldn’t have foreseen, that the improbable factor which c…
Dry Bulk Recovery Potentially on Hold on Trade War Fears Read More »