The level of activity in the newbuilding market for bulkers has picked up of late. In its latest weekly report, shipbroker Allied Shipbroking noted that it was “an interesting week for the newbuilding market, following through from the bullish face of …
Dry Bulk Newbuilding Activity Picks Up Read More »
The impact of the US’ President Donald Trump to repeal sanctions relief for Iran, effectively terminating the agreement in place over the Middle Eastern country’s nuclear program was the main event in the tanker market last week, bringing a flurry of s…
Tanker Owners Shouldn’t Panic Over Iran Affair Claims Shipbroker Read More »
USA-based ballast water treatment system (BWTS) manufacturer, Ecochlor, Inc. announced the completion of a contract to retrofit 36 vessels, including Suezmaxes, Aframaxes, VLCCs, Minicapes and Capes for Angelicoussis Shipping Group Limited (ASGL). Inst…
Angelicoussis Shipping Group Selects the Ecochlor BWTS for Retrofit in 36 Vessels Read More »
Tanker owners had little to talk about during the course of the past week, amid holidays left and right, but it was the geopolitical side of the market, which caused the most stir, as a result of the reprise of Iran sanctions from the US. In its latest…
Tanker Market Lacking Direction Read More »
There was a time, not many years back, when some bold ship owners ventured into the seemingly unknown area of offshore market, amid a boom period. Things didn’t turn out that well, as Ocean Rig’s example can testify. However, shipbrokers seem to think …
Is the Offshore Market Back in Action? Read More »