From the latest installment of the sanctions against Iran, to a number of highs and lows in the freight rate market, tanker owners had to endure a rough ride in 2018. In its latest weekly report, shipbroker Gibson analysed this year’s market trends. It…
Tanker Market in 2018 Was the Year of Extremes Read More »
In its latest weekly report, shipbroker Banchero Costa said that “Russian wheat exports have benefited this year from a record crop output, and relatively cheap supplies have helped them to snag a larger share of the global market. The USDA estimates R…
The Russian Wheat Export Trade and Dry Bulk Market Read More »
The balance between demand and supply appears to be in favor of ship owners, active in the dry bulk market, as we head towards 2019. In its latest weekly report, shipbroker Allied Shipbroking said that “since the beginning of 2016, when the dry bulk ma…
Dry Bulk Market’s Fundamentals Looking Good for 2019 Read More »
The newbuilding market has picked up over the course of the past week, as ship owners accelerated their ordering activity. In its latest weekly report, shipbroker Allied Shipbroking said that it was “an active week in the newbuilding market, with owner…
Newbuilding Activity Picks Up, As Market Prepares for Holidays Read More »
The tanker market has suffered a lot from oversupply and the tide doesn’t seem to be changing any time soon either, especially in the light of the recent OPEC decision to limit oil production once again. In its latest weekly report, shipbroker Gibson s…
VLCC Tonnage Supply Looking Ominous After the Latest OPEC Oil Production Cuts Read More »