Tanker owners were faced with a mixed bag in the freight rate market, as there were highs, as well as lows throughout 2018, or as shipbroker Gibson commented in its latest weekly report, it has been a year of extremes. “For most part tading conditions …
Tanker Market in 2019: Will it be Another Rollercoaster Ride? Read More »
The market fundamentals for the LNG shipping industry are steadily improving as we head for another landmark year. In a recent report, shipbroker Banchero Costa detailed the demand side of the market, by noting that “over the last 10 years the LNG trad…
LNG Shipping: Demand is About to Drive Rates Even Higher in 2019 Read More »
Stricter environmental regulations have resulted in a significant change in the ships’ demolition market in India, with almost 80 yards now compliant with the Hong Kong Convention. In its latest report, the world’s leading cash buyer, GMS said that ove…
Ships’ Demolition Market in Southeast Asia Undergoes Tectonic Changes During 2018 Read More »
The dry bulk market for large ships, i.e. Capesizes, is gearing up for further recovery in 2019, as demand is at healthy levels and net fleet growth remains subdued, despite a slower demolition rate in 2018. In a recent report, shipbroker Banchero Cost…
Dry Bulk Market: Capesizes Primed for Further Gains in 2019 Read More »
The future prospects of the Handy/Supramax bulker segment appear to be more than favorable as we enter into 2019, perhaps even more than their larger “siblings” of the dry bulk market segment. This despite the fact that demolitions have slowed down ove…
2019 Prospects are Rosy for the Handy-Supramax Bulker Segment Read More »