While 2019 was a year of great turbulence in the dry bulk market, some silver lining can be found in the fact that future tonnage supply could be limited, at least given the low level of newbuilding activity. In a recent report, shipbroker Allied Shipb…
Dry Bulk Newbuilding Activity Took a Dive in 2019 Read More »
As the International Maritime Organization (IMO) sulphur regulation date of 1 January nears, availability of the new, very low-sulphur fuel oil is moving in the right direction – although too slowly – high-sulphur fuel oil inventories are shrinking glo…
Bunker prices will rise, regardless of type, at 2020 start – MABUX Read More »
A child can hope, but ultimately, they know if they have been good during the year or managed to get themselves on Father Christmas’s naughty list. For shipowners, life can be a little cruel at this time of year too. Good or bad, the seasonality chart …
Dry bulk market still on the naughty step Read More »
Over the course of the past few years, many ship owners have invested in the once niche shipping market of LPG carrying vessels. For many of them, this move turned out to be quite lucrative, as demand rose and supply was kept relatively stable. Nowaday…
LPG Shipping Market: USA LPG Exports A Major Growth Driver Read More »
Freight rates are under pressure, global trade is hurt by trade wars, fleets are outgrowing demand and, if this was not enough, the price of fuel is about to take a leap, as the IMO sulphur regulation comes into force on 1 January 2020. Shipping compan…
2020 freight rate negotiations will be as tough as necessary Read More »