LNG Australia expects to overtake Qatar The value of Australian LNG exports are forecast to hit A$50.4 billion ($35.7 billion) in 2018-2019 as export volumes rise along with the prices. According to a report from the Australian government’s Office of t…
Shipping Market Monitor Read More »
Despite the Festive period in a large part of the world, activity in the demolition market has remained in high levels. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “a correction downwards in price levels is clearly ev…
Busy Festive Season for Ships’ Demolition Activity Read More »
While the tanker market has been less than kind to ship owners this year, investment opportunities have arisen, as evidenced by the latest influx of newbuilding ordering activity. In its latest weekly report, shipbroker Clarkson Platou Hellas said that…
Tanker Ordering Picks Up as Investment Opportunities Arise Read More »
A severe reduction of Chinese steel prices could lead to diminished demand for long-haul charters of iron ore, which in effect could trigger losses in the Capesize dry bulk market. In a recent report, shipbroker Banchero Costa noted that “Chinese…
Dry Bulk Market: Long-Haul Cargoes of Iron Ore Could Dwindle Read More »
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 »