As 2019 has began with slow activity in the newbuilding market, shipbrokers have attempted to gauge the future demand, stating that product tankers could very well witness increased ordering activity in the near term. In its latest report, shipbroker A…
Shipbrokers Expect Increased Interest for Product Tanker Newbuildings Read More »
The VLCC tanker market hasn’t started the year well, with rates remaining soft. To make matters worse, shipbrokers expect more headwinds in the coming weeks, as a result of a series of newbuildings expected to hit the water. In its latest weekly …
VLCC Tanker Market Soft, While More Headwinds Should Be Expected Read More »
Tanker owners were faced with a mixed bag in the freight rate market, as there were highs, as well as lows throughout 2018, or as shipbroker Gibson commented in its latest weekly report, it has been a year of extremes. “For most part tading conditions …
Tanker Market in 2019: Will it be Another Rollercoaster Ride? Read More »
The market fundamentals for the LNG shipping industry are steadily improving as we head for another landmark year. In a recent report, shipbroker Banchero Costa detailed the demand side of the market, by noting that “over the last 10 years the LNG trad…
LNG Shipping: Demand is About to Drive Rates Even Higher in 2019 Read More »
Stricter environmental regulations have resulted in a significant change in the ships’ demolition market in India, with almost 80 yards now compliant with the Hong Kong Convention. In its latest report, the world’s leading cash buyer, GMS said that ove…
Ships’ Demolition Market in Southeast Asia Undergoes Tectonic Changes During 2018 Read More »