The newbuilding ordering market activity has taken a pause, after the recent increased pace of contracting say shipbrokers. In its latest weekly report, Allied Shipbroking said that “after a week of significant increases in reported activity, things sl…
Newbuilding Activity Takes a Breather Read More »
Despite the fact that ship owners appeared to be pushing for higher VLCC rates over the course of the past week, a rebound in freight rates wasn’t able to be materialized, as a result of abundant tonnage availability. In its latest weekly report,…
With a rebound proving to be elusive in the VLCC tanker segment, it seems that all prospects for the realization of such a recovery hinge on older units being sold for scrap. In its latest weekly report, shipbroker Gibson pointed out that “robust scrap…
Tankers: It’s All About Demolition Activity In The Hunt For VLCCs’ Rebound Read More »
Dry bulk freight rates could be even higher than they now, as a result of increasing trade tensions and political instability around the world. In a recent weekly note, shipbroker Intermodal said that “a recovery in the shipping market since last year …
Macroeconomic and Political Tensions Preventing Shipping’s Further Rebound Read More »
The dry bulk market is heading for a revival as a result of the balance achieved in the global orderbook, both as a result of a rebound in demand, but also because of a lack of available financing, says Allied Shipbroking. In its latest weekly report, …
Lack of available shipping finance has contributed to dry bulk market’s revival Read More »