Many tanker owners have kept their ships out of the second hand market, despite enticing prices, looking to take advantage of the favorable freight market conditions during the first half of the year. In its latest weekly report, shipbroker Intermodal …
Tanker Owners Keep Their Ships Out of the Market, as Rates Climb Read More »
VLCCs could soon enter the Argentinian oil market, which is mainly dominated by smaller sizes. In its latest weekly report, shipbroker Gibson said that “in December 2023, when the newly elected Xavier Milei took the oath as the Argentinian president, t…
VLCCs to Enter the Argentinian Oil Market Read More »
A combination of strong demand and low tonnage supply has triggered a dry bulk market upside during the first half of 2024. In its latest weekly report, shipbroker Banchero Costa said that “2023 was a very positive year for the global dry bulk trade. I…
Dry Bulk Demand Pushed the Market Higher During the First Half of 2024 Read More »
A combination of factors has taken its toll on the tanker freight market over the past few weeks. In its latest weekly report, shipbroker Xclusiv said that “oil prices are trading near a two-month high, at levels not seen since April 2024, as refinerie…
Tanker Market Hit By Lower Oil Supply Read More »
The second hand S&P market has kept its bullish momentum for yet another week. In its latest weekly report, shipbroker Banchero Costa said that it was “a busy week in the second hand market: in the dry segment, activity was reported for every size….
Second Hand Market Still Very Busy Read More »