Ship owners have been reluctant to push ahead with more deals in the S&P market, as the levels of uncertainty are quite high at the moment, while sellers of second hand tonnage are also adopting a “wait-and-see” approach. In its latest weekly repor…
Market for Ships In Flux Read More »
On 30 January 2020, the Baltic Capesize Index (BCI) closed the trading session at a record low of just 1 point. The index had closed CY19 at 1,950 points, thus wiping out 99.95% of its value in less than a month, after the seasonally weak fourth quarte…
Star Bulk – Higher risk, higher upside – time to bottom fish? Read More »
Traditionally, a ship agent (as a representative of the owner, the charterer -or both- of a visiting ship), ensures that the essential requirements for a ship visit are arranged and met. Therefore, they have an important monitoring role, before and dur…
Rethinking maritime businesses for the digital age: the evolving role of ship agents Read More »
To claim that the oil and tanker markets had a week to remember, would be an understatement. So, where to from here? In its latest weekly report, shipbroker Gibson said that “with the collapse of the OPEC talks last week, the spiraling down of the crud…
Tankers: So Where to Next? Read More »
Capesize The Capesize market came to work on Monday, with little expectation, or confidence, that the days ahead were going to bring anything other than fallout from Coronavirus. While this was a relatively simple assessment to make, it was without com…
Capesizes: Iron Ore Flows To China, Bunkers Down Read More »