While Athens is in the spotlight of the global shipping community this week, with the bi-annual international gathering of Posidonia taking place, owners of VLCCs, many of which are indeed Greeks, are able to smile more, as a result of impoved market s…
VLCC Owners Rejoice Ahead of Posidonia, While Shipyards Are Looking for More Business Read More »
While newbuildings are thought to be the main risk to the future balance of the tanker market, it seems that it’s only VLCCs Much attention has been given in recent months to continued activity in newbuild VLCC tonnage. We, at Gibson’s, are not an exce…
Tankers: Newbuilding Orders Limited Mostly to VLCCs Read More »
In what appears to be an encouraging sign, in terms of future tonnage supply, the ships’ demolition market seems to be very much alive. In its latest weekly report, Clarkson Platou Hellas noted that “despite Ramadan in full proceedings, there remains h…
Ships’ Demolition Market Still Very Much Active Read More »
Last year, although there were many fluctuations in freight markets, the long-standing shipping recession seemed to be coming to an end. The beginning of 2018 finds our shipping industry maintaining the highest position internationally, controlling abo…
There are a number of variables coming into play in the dry bulk market at the moment, enough to mark a shift in the freight rate dynamics. In its latest weekly report, Allied Shipbroking claims that “it’s looking as though June will turn out to …
Dry Bulk Market: June Promises to be a “Hot” Market says shipbroker Read More »