The peak of the summer season is bringing with it a low in newbuilding ordering activity, which is becoming more and more evident in the market. In its latest weekly report, shipbroker Allied Shipbroking noted that “being in the peak of the summer peri…
Slowdown Now the Norm in Newbuilding Ordering Activity Read More »
When China entered the WTO back in late 2001, experts were expecting a huge boost in trade, with shipping the main beneficiary. Indeed, this scenario unfolded in the most spectacular manner, as the dry bulk market boomed for the next few years. Today, …
China: The Trade Juggernaut In a Crossroad as Shipping Industry Awaits Outcome Read More »
With the crude tanker market facing oversupply issues, could a respite come from Canada? In its latest weekly report, shipbroker Gibson said that “the Federal Government in Ottawa very much has it’s back against the wall in trying to establish viable l…
Tankers: Will Canada Impact the Market Read More »
The tanker market is reeling under the pressure of changing crude trade flows and tonnage oversupply, but could soon be faced with yet another peril. In its latest weekly report, shipbroker Intermodal noted that “we are now into the second half of 2018…
New Fuel Directives and the Tanker Market Read More »
The tanker market could be on the verge of receiving some relief in the coming weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “despite the fact that the tanker market still seems to be in the midst of a perfect storm, there…
Tankers Could be in for some Respite Soon Read More »