The tide has shifted when it comes to demolition activity so far in 2019. While 2018 was marked by the record breaking scrapping of tankers, this year the trend is opposite, as bulkers have emerged as more likely candidates for demolition. In a recent …
Tanker owners could be faced with increased downward pressure exerted on the freight rate market in the coming months. In its latest weekly report, shipbroker Gibson said that “refinery maintenance season is well underway. Scheduled turnarounds in Nort…
Newbuilding Tonnage Supply and Lower Oil Volumes To Keep Rates Under Pressure Read More »
Nickel trade might be a small portion of the dry bulk market, but still it’s one that can bear fruits to savvy dry bulk owners, given the positive market fundamentals. In a recent report, shipbroker Banchero Costa said that “nickel is most commonly use…
Dry Bulk: A Look Into Nickel Trade Read More »
The window of investment opportunity in second hand tonnage could soon be closing. In its latest weekly report, shipbroker Intermodal noted that “in a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyer…
Shipping: Investment Opportunities in Second Hand Tonnage Could be Diminishing Read More »
Ships’ demolition activity has been rather slow since the start of the year, amid market uncertainty. However, things could be set for a pick up in the weeks to come. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it’s that t…