For weeks, the main story in the demolition market was about Pakistan. This time around the “tune” of the market is heading further more to the East. In its latest weekly report, shipbroker Clarkson Platou Hellas highlighted this very fact, by noting t…
Demolition Market: After Pakistan, Here Comes China to Shift the Market Again Read More »
Newbuilding ordering activity has shifted towards more specialized vessels according to shipbroker reports this week. Allied Shipbroking said that “it was yet another week with a fair flow of new order deals coming through, though this time around it w…
Specialized Ships On the Shipbuilding “Menu” Read More »
The impact of Venezuela’s reeling oil industry on trade patterns on the tanker market has been well documented since the country’s “fall from grace” a few years back. Things are once again heating up, bringing shifts on the freight market. …
Tanker Market and Venezuela: Again… Read More »
Eletson Corporation is leading the way in adopting cutting-edge technology to improve the lives of their seafarers and increase payroll efficiencies. The introduction of Brightwell’s cashless facilities for masters and crew reduces the need for cash on…
It’s been a mixed bag for the tanker markets this week, but more upside could be on the way. In its latest weekly report, shipbroker Affinity Research said that “in Suezmax markets, the TD20’s dramatic collapse was perhaps halted by busy WAF & Amer…
Shipbroker Sees Upwards Correction on VLCC Rates Read More »