Broker BRS says extra oil from the UAE, Kuwait and Iraq may have to bail out struggling tanker market
Bahri’s VLCC dominance means owners cannot rely on more Saudi barrels Read More »
Analyst Randy Giveans still stands bullish on dry bulk shipping over long-term
Good times keep rolling for container ship owners as lines battle it out for available charter market vessels
Feeding frenzy by The Pasha Group lifts charter market to all-time high Read More »
Enquiry in the market is also based on speculation for higher spot markets later in the year, brokers say
Kamsarmax bulkers fixed on period contracts as operators seek ‘bargain deals’ Read More »
VLCCs with scrubbers are earning $16,000 per day this year, while ships without fetch just $2,000 per day
Big premium for scrubber-fitted VLCCs to send tankers back to yards, BTIG predicts Read More »