It’s never boring in the tanker market and 2019 has been no exception, with rates rising – for the most part, but the way they did that was never going to be straightforward, with so many factors, most notably geopolitical ones, entering into play. Sti…
Tanker Market Looking Good Entering Fourth Quarter Read More »
The demolition market hasn’t been up to the levels required since the start of the year, with ship owners reluctant to offer more tonnage for recycling. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “there remains a distinct …
Ship Owners Refrain From Ship Recycling Read More »
Despite a correction in the dry bulk market, ship owners are still quite keen on modern dry bulk tonnage. In its latest weekly report, shipbroker Banchero Costa said that “starting from dry bulk two Capesize chaged hands, the Aristofanis I, 177,000 dwt…
Demand for Dry Bulk Tonnage Still Strong Read More »
Once considered a niche market for “bold” ship owners to invest into, nowadays, LPG shipping is almost mainstream and yielding quite good results. In a recent monthly analysis, shipbroker Banchero Costa said that “spot charter rates for VLGC gas carrie…
Once a Niche Segment, LPG Carrier Market is Now A Boon for Ship Owners Read More »
With big changes coming in the refinery landscape in the future, ship owners active in the clean tanker market, stand to benefit from longer ton-mile demand. In its latest weekly report, shipbroker Gibson said that “over the next 5 years, the global re…
Long-Term Outlook Positive for Product Tankers Read More »