With the resurgence of ships’ demolition sales critical for the rebalancing of the supply-demand equilibrium in the shipping markets, it’s probably good news, that prices offered by scrapyards are starting to rise once again, a trend which …
Demolition Rates Picking Up, Sales Expected to Follow Suit Read More »
Shipowners have been actively pushing ahead with more newbuilding orders, as reported by various shipbrokers’ reports over the course of the past week. In its latest note, Allied Shipbroking said that “reported activity seems to be gaining pace r…
Shipowners are Ramping Up Newbuilding Orders with Containers Leading the Way Read More »
The tanker market is readjusting to the Iranian sanctions and the Chinese Holidays already underway. In its latest weekly report, shipbroker Charles R. Weber said that “VLCC rates were strengthening this week and are poised for more substantial gains i…
VLCC Market Is on the Mend… For Now At Least Read More »
Tanker owners will be looking forward to the upcoming winter period, typically the strongest of each year for the wet sector. However, they will also not be wishing for a repeat of last season, when the freight market failed to recover. In its latest w…
Tankers: Will History Repeat Itself This Winter Around? Read More »
Shipowners looking to invest in the SnP market for dry bulk carriers have started to consistently offer lower than asking values for ships that may interest them, in a sign that asset prices could be set for a correction in the coming weeks, shipbroker…