The tanker market is in a perilous place, as the US/China trade war is alive and kicking and world oil demand growth is trending downwards. Product tankers could suffer more, given that a number of oil products are directly correlated to global economi…
Tanker Market In a Tight Spot Read More »
Ship owners around the world are snapping up bulkers, in an attempt to take advantage of the booming dry bulk market. In its latest weekly analysis, shipbroker Intermodal said that “it was a fairly busy week in the dry S&P market. Despite the ease …
Ship Owners Snapping up Bulkers Read More »
The threat of a further growth in the dry bulk fleet’s numbers is posing challenges in the sustainability of the dry bulk market’s recent recovery. In fact, the market could use yet another rally until the end of the year, analysts say, jus…
Dry Bulk Market Rebound To Face Further Challenges Moving Forward Read More »
The recent rally of the dry bulk has prompted more dry bulk tonnage enquiries, with deals being concluded left, right and center, during the past few weeks. In its latest weekly report, shipbroker Banchero Costa said that there was “a lot of activity i…
Dry Bulk Second Hand Tonnage in High Demand Read More »
With Iran’s oil exports under immense pressure, it’s worth taking a look at how Asian countries, like Japan and South Korea are finding ways around the problem and how this is affecting the tanker market. In terms of Japan’s crude oil…
Asian Oil Imports and the Crude Tanker Market Read More »