Another week, another geopolitical shift is having an impact on the tanker market. This time it’s Venezuela’s political crisis and a bankrupt state that are causing havoc in tanker trades. In its latest weekly report, shipbroker Gibson said that “on th…
Tanker Market and Venezuela Crude Read More »
The dry bulk market has been reeling under the pressure exerted on freight rates by the lull in the Chinese market. In its latest weekly report, shipbroker Intermodal noted that “as the market is already going through the first days of the Chinese New …
China’s New Year Brings Dry Bulk Market Rates At 2 Year Lows Read More »
The first month of 2019 was lucklustre for the ships’ demolition market, to say the least. As such, the latest news from the Southeast Asia region seems to be positive in terms of market sentiment. In its latest weekly report, shipbroker Clarkson…
Demolition Market Could Be Set for A Rebound in Demand Read More »
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 »