Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentiment. In its latest weekly report, shipbroker Intermodal said that “in recent years, geopolitical uncertainty has been a defining characteristic of the globa…
Dry Bulk Shipping: Handysize Ships Heading Lower Read More »
New factors are constantly coming into play on a weekly basis, when it comes to influencing future oil flows and thus the tanker market as a whole. In its latest weekly report, shipbroker Gibson said that “this week Trump announced that he and Presiden…
Tanker Market: New Geopolitical Factors Come Into Play Read More »
The tanker market has been suppressed during the month of January, OPEC said in its latest monthly report. Dirty spot freight rates registered a slow start to the year. VLCCs showed the best performance in January, with the Middle East-to-East route up…
Tanker Market Suppressed During January Read More »
With seasonality playing a big part, dry bulk shipping freight rates have taken a significant hit over the past few months. In its latest weekly report, shipbroker Xclusiv said that “the dry bulk freight market has experienced significant declines in r…
Dry Bulk Shipping Experiences a 56% Drop in Capesizes Since November Read More »
The ship recycling market is still quite slow and uncertain. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “this week, the ship recycling market remained slow and uncertain, with all four major de…
Ship Demolition Market Slow and Uncertain Read More »