After a turbulent period, the dry bulk market’s prospects seem to be back on track. Shipbrokers are reporting higher availability of finance, key to more S&P deals being concluded, in a time when freight rates seem to have stabilized again. I…
Dry Bulkers In High Demand as Market Prospects Improve Read More »
Fortunes have improved in the tanker market as of late, as per the latest monthly OPEC report. In October, tanker spot freight rates for dirty vessels increased considerably, with gains being registered across all classes trading on all major routes. A…
Tanker Market On a High Note Read More »
Earlier hopes of a rally in the dry bulk market during the fourth quarter of 2018, in similar note to the past couple of years, have been quashed by the harsh reality of the latest trends in the global trade. In its latest weekly report, shipbroker All…
Capesize Market Hurt by Over Reliance on Chinese Economy Read More »
As ship owners kept looking for signs of sustainable rebound in freight rates, good news were absent this week from the supply side, as demolition activity was lacklustre. In its latest weekly report, Clarkson Platou Hellas said that “it has been a fai…
Festivities Disrupt Demolition Market Read More »
As uncertainties around the future growth of world trade and the economy are growing, ship owners appear to be more reluctant to place long-term bets, such as a newbuilding contract commitment. In its latest weekly report, shipbroker Allied Shipbroking…
Newbuilding Orders Dry Up As Trade War Takes a Toll in Market Sentiment Read More »