Once again, the disappearance of Iranian oil from many markets, not to mention Iranian VLCCs, is shifting fortunes in the tanker market, with ship owners looking forward to “early Christmas presents”, as one analyst recently put it. In its latest weekl…
Tanker Owners Looking Forward To Increased Ton-Mile Voyages on Iranian Sanctions Read More »
STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced Friday its unaudited financial and operating results for the third quarter and nine month…
Asian LPG Market Softness Hurt StealthGas’ Third Quarter Performance Read More »
New data seems to suggest that the recent rally in tanker freight rates could be more than just a blip. In its latest weekly report, shipbroker Intermodal said that “halfway through the fourth and last quarter of the year, we spot a significant change …
Christmas Arrived Early for Tankers: Will they last? Read More »
While it’s safe to say that 2018 has been a landmark for the ships’ demolition market, particularly in the beleguered tanker segment, the past few weeks have been less than ideal, in terms of further alleviating tonnage supply. In its lates…
Ships’ Demolition Market in “Wait-and-See” Mode Read More »
As 2018 nears its end, more and more ship owners are taking a dip in the S&P market with activity strong across the board. Of course, this activity is also extended in the newbuilding sector as well. In its latest weekly report, shipbroker Allied S…
Ships’ Sales Higher and Higher Read More »