As 2019 has began with slow activity in the newbuilding market, shipbrokers have attempted to gauge the future demand, stating that product tankers could very well witness increased ordering activity in the near term. In its latest report, shipbroker A…
Shipbrokers Expect Increased Interest for Product Tanker Newbuildings Read More »
Overall, the outlook for shipping asset prices remains bright, but several areas are more attractive than others. The VesselsValue forecast takes many factors into consideration when assessing each vessel class and age. Today we’ll look at some of the …
Which Ships Are More Likely to See Their Values Increased in 2019? Read More »
In recent days, there has been reports that the Ministry of Transport in Beijing has now banned open-loop scrubbers from the country’s emission control areas (ECAs), which now cover most of China’s territorial waters. Sources familiar with the matter h…
China Has Not Yet Placed A Full Ban On Open-Loop Scrubbers Read More »
The VLCC tanker market hasn’t started the year well, with rates remaining soft. To make matters worse, shipbrokers expect more headwinds in the coming weeks, as a result of a series of newbuildings expected to hit the water. In its latest weekly …
VLCC Tanker Market Soft, While More Headwinds Should Be Expected Read More »
The ClarkSea Index made steady progress in 2018 (+13% to $12,144/day) taking it above the average since the financial crisis. Tankers had a miserable year before being “saved” by a strong Q4, bulkers consolidated their 2017 gains and LNG finished the y…
2018 Review: How Are The Year End Stats Looking? Read More »