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 »
After the Iranian sanctions, another factor which could shake things up in the tanker market is the fall in Venezuela’s oil production. In its latest weekly report, shipbroker Gibson said that “to say its been tough for Venezuela in recent …
Iran and Now Venezuela Are Shaking Things Up in the Tanker Market Read More »
After a turbulent period, the dry bulk market’s prospects seem to be back on track. Shipbrokers are reporting higher availability of finance, key to more S&P deals being concluded, in a time when freight rates seem to have stabilized again. I…
Dry Bulkers In High Demand as Market Prospects Improve Read More »