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 »
The hiatus of the demolition market during the past couple of months is officially over, as more and more ship owners are in active negotiations with scrapyards, regarding the sale of old units. In its latest weekly note, shipbroker Clarkson Platou Hel…
All types of tonnage in line for demolition as market picks up pace Read More »
Ship owners are seemingly in the hunt for more newbuildings, after a mid-summer lull of activity brought ordering activity to a year-to-date low. In its latest weekly report, shipbroker Allied Shipbroking noted that “despite the recent signs of clampdo…
Newbuilding Orders Pick Up as Shipowners Boost Global Orderbook Read More »