The choice to place an order for a newbuilding vessel, dry bulker or tanker, is dividing opinions at the moment, as ship owners appear to be unable to agree on the shipping markets’ future potential, especially at the current ships’ prices …
Newbuilding Orders A Divisive Issue at the Moment Read More »
Crude oil tanker earnings have since records began, never been this bad. Earnings for Very Large Crude Carriers (VLCCs) in the first half of 2018 were as low at USD 6,001 per day on average, with a Suezmax tanker earning USD 10,908 per day and an Afram…
A Historically Bad Crude Oil Tanker Market Struggles To Find Solid Support Read More »
The enthusiasm for newbuild orders across most shipping markets has started to wane after over 10 billion dollars were committed in the first quarter of 2018. The total committed to new deliveries is now the lowest since the start of 2016. Ordering tre…
10 Billion USD Spent on Newbuilds in H1 2018 Read More »
Dry bulkers’ prices could offer some scope of research and historical comparison, as shipbroker Intermodal suggests that there are investment opportunities to be found. In a recent weekly note after this year’s Posidonia Exhibition, the shi…
Investment Opportunities Abound in the Dry Bulk Shipping Segment Read More »
The Methanol Institute has welcomed the decision of the International Maritime Organization (IMO) to invite the International Organization for Standardization (ISO) to develop a standard for methyl/ethyl alcohol as a marine fuel and a standard for meth…
ISO specification is another step forward for Methanol as marine fuel Read More »