The tanker market is readjusting to the Iranian sanctions and the Chinese Holidays already underway. In its latest weekly report, shipbroker Charles R. Weber said that “VLCC rates were strengthening this week and are poised for more substantial gains i…
VLCC Market Is on the Mend… For Now At Least Read More »
Tanker owners will be looking forward to the upcoming winter period, typically the strongest of each year for the wet sector. However, they will also not be wishing for a repeat of last season, when the freight market failed to recover. In its latest w…
Tankers: Will History Repeat Itself This Winter Around? Read More »
Shipowners looking to invest in the SnP market for dry bulk carriers have started to consistently offer lower than asking values for ships that may interest them, in a sign that asset prices could be set for a correction in the coming weeks, shipbroker…
As the dry bulk market has found a renewed sense of optimism since the second haf of 2016, the fourth quarter has proven to be a catapult for the industry’s further rebound. However, things aren’t that straightforward this time around. In i…
Dry Bulk Market’s Fourth Quarter Rebound Not That Easy to Occur in 2018 Read More »
The ships’ demolition market has increased in activity and sales over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “last week has shown further improvements with the markets remaining posit…
Demolition Market Firms Up, as Ship Owners Are Offloading More Old Vessels Read More »