Ship owners have been quite active both in the newbuilding and the S&P markets over the past few days. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Hong Kong-based owner Seacon Shipmanagement placed an order…
Ship Owners Flock Towards the Newbuilding Market Read More »
Seaborne trade through the Arctic is growing steadily over the last few years, in what could be a significant factor of the latest Greenland debacle. In its latest weekly report, shipbroker Intermodal said that “Donald Trump brought the Arctic into the…
Arctic Shipping On the Rise: A New Trade Route Ahead? Read More »
The tanker market is again turning its focus over to Iran, after a turbulent week with the developments in Venezuela. In its latest weekly report, shipbroker Gibson said that “following two weeks of unrest, the oil market is again focused on Iran after…
Tankers: After Venezuela, It’s Now Iran’s Turn to Upend the Market Read More »
The tanker market faced a downward correction during the month of December, OPEC said in its latest monthly report. Dirty tanker spot freight rates dipped in December following the strong gains seen in recent months. VLCC spot freight rates experienced…
Tanker Market Dipped in December Read More »
The tanker market could be thrust forward by the potential scrapping of some 350 tankers, which are estimated to form a main part of the sanctioned Venezuelan trade. In its latest weekly report, shipbroker Xclusiv said that “the first weeks of 2026 hav…
Tanker Market: Will a “Grey” Fleet of 350 Ships Be Decommissioned? Read More »