The tanker market is looking for additional support from markets like India. In its latest weekly report, shipbroker Banchero Costa said that “2020 was overall a very negative year for crude oil trade. Total loadings in the 12 months of 2020 were down …
India Could Provide Demand Support in the Tanker Market Read More »
Maersk Line, responsible for 17% of the global container shipping market, has made its most significant step yet towards greater sustainability. The Danish company has ordered eight vessels – each with a nominal capacity of approximately 16,000 contain…
Is there Methanol in Maersk’s Madness? Read More »
In the decade since the global financial crisis, ship financing has undergone considerable change. Traditionally, debt financing with banks and equity financing were the most common methods used by shipping companies to raise money. However these forms…
Alternative Financing in the Shipping Industry Read More »
The rise of gas prices could act as a catalyst for oil demand and thus more cargoes for oil tankers, should more countries opt for oil-based supplies for their winter needs. A cold winter could also play its part. In its latest weekly report, shipbroke…
Gas Price Rally Could Trigger More Demand for Tankers Read More »
Capesize The Capesize market continued its assertive rally this past week reaching new highs in dramatic fashion. The Capesize 5TC opened the week at $53,240 and never looked like taking a backward step as it closed out the week a staggering $8,069 up …
Dry Bulk Market: Capesize Segment Keeps on Rallying Read More »