Star Bulk says ‘upcycle’ to continue amid newbuilding pressure
Greek owner believes new ships are not being ordered due to lack of clear direction on decarbonisation
Star Bulk says ‘upcycle’ to continue amid newbuilding pressure Read More »
Insight
Suezmax rates recover after Nigerian force majeure ends
In two weeks, million-barrel ships’ earnings jump from $1,000 per day to $10,000
Suezmax rates recover after Nigerian force majeure ends Read More »
Transpacific rate for capesize bulkers plunges amid pre-holiday ‘sleepy deals’
China’s cuts on steel production will continue weigh on demand, says MSI
Transpacific rate for capesize bulkers plunges amid pre-holiday ‘sleepy deals’ Read More »
Capesize market ‘a Rio Tinto affair’ as miner chases freight rates downward
Australian iron ore dominates capesize fixtures as dry bulk market takes southward turn
Capesize market ‘a Rio Tinto affair’ as miner chases freight rates downward Read More »
Charterers struggle to shave any more off rock-bottom VLCC rates
Middle East to Asia earnings have plunged 43%, but Opec counters Omicron variant fears with upbeat demand assessment
Charterers struggle to shave any more off rock-bottom VLCC rates Read More »