Jefferies lowers dry bulk outlook as China cuts steel ahead of holidays and Winter Olympics
Analyst Randy Giveans still stands bullish on dry bulk shipping over long-term
Insight
Feeding frenzy by The Pasha Group lifts charter market to all-time high
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 »
Kamsarmax bulkers fixed on period contracts as operators seek ‘bargain deals’
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 »
Big premium for scrubber-fitted VLCCs to send tankers back to yards, BTIG predicts
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 »
Opec’s West African laggards lowering suezmax demand, BRS says
Producers in Nigeria and Angola struggling to meet crude quotas as international investment falls
Opec’s West African laggards lowering suezmax demand, BRS says Read More »