Firm freight outlook coupled with attractive valuation make small LPG coasters an attractive buy at the moment. LPG shipping has been marred by an oversupply of vessels, with the Drewry LPG TCE index near its five year low. However, small LPG Coasters …
Now is a good time to buy LPG coasters Read More »
A potential recovery of Brazil’s crude exports could soon offer newfound hope for tanker owners. In its latest weekly report, shipbroker Gibson said that “for some time now, Brazil has been a major source of demand for the tanker markets, both fr…
Tankers: Is There Hope from Brazil Read More »
A survey of EGCSA members has revealed that scrubber uptake is rapidly accelerating with the number of ships with exhaust gas cleaning systems installed or on order standing at 983 as of 31 May 2018. This follows a slew of recent reports that major shi…
Scrubber orders full ahead Read More »
Those of you who have been trading the FFA market since its beginning will remember that grain routes were critical to the development of early liquidity and volumes. In the mid-1990s, the grain majors need a hedge for US Gulf-Japan HSS 52,000t – at th…
New grain routes: back to the future for FFAs Read More »
Despite a less than positive period for freight rates in the wet sector, asset prices haven’t been all that doom and gloom. In a recent report, shipbroker Charles R. Weber said that “newbuilding prices for tankers have observed strong growth since the …