The tanker market is looking towards the oil demand and supply for future direction. In its latest weekly report, shipbroker Gibson said that “the IEA has recently released its long-term view of the energy markets. The agency presented different scenar…
Tankers: What About Long-Term Demand? Read More »
Capesize This week the Capesize market maintained healthy earnings, as an end of year surge took the Capesize 5TC back up to $25,202 by mid-week. This lift was predominately led in the Pacific, with strong trading activity from major iron ore charterer…
Dry Bulk Market: Capesizes on Healthy Ground Read More »
At the time when the product tanker market is gearing for a rise in freight rates after the implementation of the IMO 2020 regulation, the recently published IEA’s World Energy Outlook 2019 portrays a grim picture for product tankers after 2025. In “Sl…
A gloomy long-term outlook for product tanker market Read More »
LPG shipping was once considered a niche segment for the industry, but over the course of the past 10-15 years, solid returns have lured a number of players. In a recent analysis, Epic Gas, one of the ship owners who invested in the segment noted that …
LPG Shipping Market Gathers Pace Read More »
In the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US putting in place quotas which was supposed to lower imports from the country. B…
BIMCO: 0.0%, no change in US imports of steel goods from Brazil despite quota Read More »