The expectation among shipbrokers is that demolition activity for older carriers will resume as soon as the market returns to its normal activity. In its latest weekly report, Clarkson Platou Hellas said that “with the Easter holidays in full flow acro…
Slowdown in demolition activity expected to be temporary Read More »
Low prices seem to be the main reason behind the trend of rising newbuilding orders for tankers. Despite the fall of the freight rate market and an apparent oversupply of tonnage in most parts of the wet market, it seems that ship owners can’t re…
Newbuilding Orders for Tankers on the Rise Read More »
When shipping analysts were looking into 2018 with a glooming optimism regardin the dry bulk market’s recovery prospects, on the back of a solid 2017 and positive fundamentals, they couldn’t have foreseen, that the improbable factor which c…
Dry Bulk Recovery Potentially on Hold on Trade War Fears Read More »
Tanker owners are looking for additional hope in a market, where fundamentals are crucial. In its latest weekly report, shipbroker Intermodal said that “in a previous insight that was written at the end of last year, we had stressed that the real focus…
Tankers: Newbuildings and Demolitions on the Rise in Tandem Read More »
Product tankers’ long term potential could be heading for a limelight, but not until the end of the decade. In its latest weekly report, shipbroker Gibson commented that “undoubtedly, 2017 proved to be a very difficult year for the product tanker marke…
2020 IMO Sulphur Cap Could Benefit Product Tanker Demand Read More »