Shipping markets are by their nature cyclical, but anticipating the timing of market cycles is rarely easy in practice, not least because shipping’s cycles are so enmeshed with other economic cycles, notably in underlying commodity markets. For example…
Wheels Within Wheels: Shipping And Oil Market Cycles Read More »
Capesize Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25, in what appeared to be pre-holiday jitters, after climbing in excess of the mid-$7.00s before stalling. The…
Capesize Market: Gap Between Charterers and Owners Remains Wide Read More »
The tanker market could be in for a positive surprise in the near future according to shipbroker reports. In its latest weekly report, shipbroker Allied Shipbroking said that “the drive for further oil production continues as prices for crude oil reach…
Tanker Market Could Recover in the Short-Term Read More »
Following robust growth in Chinese car imports since the early 2000s, China is now the third largest car importer globally behind the US and EU, and accounted for around 6% of global seaborne car imports last year. However, it has not been always been …
Chinese Car Imports: The Long And Winding Road… Read More »
Interest to ship US crude into the European market has been rising in recent weeks, driven by a combination of increased demand in the latter and favorable crude pricing. Suezmax and Aframax spot activity to load end April/early May has increased in th…
Europe Pulls US Crude Read More »