Newbuilding ordering activity picked up considerably over the past week. In its latest weekly report, Allied Shipbroking said that “the newbuilding market was overflood with news about an ordering spree made by CSSC Leasing last week. This included the…
Newbuilding Ordering Spree Underway With Chinese Owners Leading the “Pack” Read More »
The dry bulk market seems unable to recover, having entered 2019 in a dire state, out of which is seems unable to recover. In its latest weekly report, shipbroker Allied Shipbroking said that “the dry bulk sector is in the doldrums, with most market pa…
Dry Bulk: Seasonality or Something Deeper Behind the Dry Bulk Market’s Downfall? Read More »
The entry into force of the Ballast Water Treatment Convention and the upcoming 2020 IMO Regulations for the use of low-sulphur fuels by the existing fleet, are expected to trigger a mass influx of clients for ship repair yards. However, this increased…
New Regulations To Trigger Huge Business for Ship Repair Yards Read More »
VLCCs could start their trips back into Libya, should current plans set in motion, are actually implemented. In its latest weekly report, shipbroker Gibson said that “in 2010 Libyan oil production topped 1.6 million b/d, 9 years on and crude output sin…
Will 2019 be the Year of the VLCC for Libyan Oil Trade? Read More »
The future outlook of the product tanker market will be determined by the upcoming 2020 sulphur cap, as per the IMO guidelines. In a recent report, shipbroker Banchero Costa said that “the product tanker sector recorded a terrible 2017 and also most of…
2020 Sulphur Cap to Determine Product Tanker Market Outlook Read More »