The dry bulk market fundamentals seem to indicate that a late-year surge in on the cards, at least for the sector’s barometer, the Capesize class. In its latest weekly report, shipbroker Allied Shipbroking said that “since the end of 2016, we hav…
Capesize Market Primed for a Late-Year Rally Read More »
The number of ships sold for scrap has apparently slowed down a bit, during the course of the past week, as the market has paused a bit. Nevertheless, tankers are still the main candidates, as bulkers are enjoying a healthy rise in freight rates lately…
Demolition Market Slows Down, as Tankers are Still the Main Scrap Candidates Read More »
In its latest weekly report, shipbroker Allied Shipbroking said that it was “a relatively quiet week in the newbuilding market, with the level of reported activity scaling back slightly. Despite the small number of new contracts, things were still rela…
Second hand bulkers still more popular than newbuildings Read More »
As the dry bulk market sentiment is improving, on the back of positive fundamentals and a significant rise in freight rates, so are asset prices. Shipbroker Intermodal is taking note of the recent trends in sales prices of various dry bulk classes. In …
Dry Bulkers’ Prices Moving on Higher Ground as Market Sentiment Improves Read More »
As the 1st of January 2020 is edging closer, the effects of the IMO 2020 rule on burning cleaner marine fuels are bound to be diverse, across all ship classes. One such case is the Handy product tanker range. In its latest weekly report, shipbroker Gib…
Older Handy Product Tankers Could Soon be Scrapped due to IMO 2020 Rules Read More »