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…
As the dry bulk market has found a renewed sense of optimism since the second haf of 2016, the fourth quarter has proven to be a catapult for the industry’s further rebound. However, things aren’t that straightforward this time around. In i…
Dry Bulk Market’s Fourth Quarter Rebound Not That Easy to Occur in 2018 Read More »
The ships’ demolition market has increased in activity and sales over the course of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “last week has shown further improvements with the markets remaining posit…
Demolition Market Firms Up, as Ship Owners Are Offloading More Old Vessels Read More »
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,…