The tide has shifted when it comes to demolition activity so far in 2019. While 2018 was marked by the record breaking scrapping of tankers, this year the trend is opposite, as bulkers have emerged as more likely candidates for demolition. In a recent …
Comprehensive studies regarding the environmental effects of discharges from vessel’s open-loop scrubbers released during the last several weeks by the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and the major classifi…
Clarkson PLC (Clarksons) is the world’s leading provider of integrated shipping services. From offices in 23 countries on six continents, we play a vital intermediary role in the movement of the majority of commodities around the world. Preliminary res…
Clarkson profits fall as shipping firm warns tough market conditions to continue Read More »
Tanker owners could be faced with increased downward pressure exerted on the freight rate market in the coming months. In its latest weekly report, shipbroker Gibson said that “refinery maintenance season is well underway. Scheduled turnarounds in Nort…
Newbuilding Tonnage Supply and Lower Oil Volumes To Keep Rates Under Pressure Read More »
Capesize A faint glimmer of hope with the suggestion the market may have finally bottomed out, with owners attempting to resist further cuts in rates on some routes. There has been a clear-out of early ships in the East, albeit at very low rates. Chart…
Dry Bulk Market: Capesize Market On the Mend Read More »