Tensions in the Gulf region haven’t had any particular impact in the tanker market, at least until now. In its latest weekly report, shipbroker Gibson said that “during the first week of July, the well documented arrest of the 300,000 dwt ‘Grace 1’ by …
Tensions in Gulf Region Haven’t Impacted Tanker Rates Read More »
A boom in the dry bulk market over the course of the past quarter has helped turn the tables around in terms of sentiment. As such, the gloom which had prevailed up to that point, gave way to a renewed optimism, regarding the market’s long-term prospec…
Dry Bulk Market: Gloom Makes Way for Optimism After 300% Capesize Rally Read More »
With the dry bulk market heating up, Greek ship owners are actively looking to acquire modern dry bulk tonnage. In its latest weekly report, shipbroker Intermodal said that “tonnes of ink has been spent analysing the rebound of the dry bulk market the …
Greek Ship Owners On the Market for Young Bulkers Read More »
With ship recyclers hesitant to commit more funds towards acquiring more vessels for demolition and ship owners looking to eek out the last bit of profits from their older bulkers, on the back of the latest dry bulk rally, the ship recycling market was…
Low Steel Prices Add to Ships’ Recycling Market Woes Read More »
Ship owners are stockpiling dry bulk carriers, after the latest rally in the freight rate market. In its latest weekly report, shipbroker Banchero Costa said that “despite the summer season activity picked up in the dry bulk sector following the trend …
Dry Bulkers in High Demand Amid Market Rally Read More »