Product tanker owners could potentially see rates improving during the second half of 2019, as a number of new refineries will hit the market. In its latest weekly report, shipbroker Gibson said that “according to a recent IEA report, 2019 is expected …
With the global economy and shipping all the more linked with each other, it’s crucial to get a grip on where global trade is heading in 2019. In its latest weekly report, shipbroker Allied Shipbroking said that “the year has not exactly started off on…
The World Economy and Shipping: What Will 2019 Bring? Read More »
The tanker market has produced some important mergers over the course of the past 12 months. And this is no accident. Shipbroker Intermodal said in its latest weekly report that “more and more tanker owners are consolidating, in a bid to achieve econom…
Tanker Shipping Companies Will Keep Consolidating Says Shipbroker Read More »
Ships’ demolition activity still hasn’t picked up during 2019, as ship owners are gauging the market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it has been another sluggish week with most end recyclers still closing them…
Demolition Activity Still to Pick Up Read More »
As is usually the case so early in the year, ship owners are still reluctant to commit funds to newbuildings or S&P deals, unless some opportunity arises, or there’s a very specific and urgent need to do business. In its latest weekly report,…
Newbuilding and S&P Markets Yet to Pick Up in 2019 Read More »