The current market sentiment appears to be rather bullish when it comes to dry bulk newbuildings. In its latest weekly report, shipbroker Allied Shipbroking said that “this was another impressive week for the dry bulk newbuilding market, with buying ap…
Ship Owners Load up on Newbuilding Bulk Carriers Read More »
The year 2021 has started strongly for the Capesize market with a 10.4% increase in the number of journeys completed or underway in the first 20 days of the year compared to the same period last year (source: VesselsValue). This counter-seasonal upswin…
1,427 Capesize journeys in the first twenty days of the year Read More »
Following the release of its eleventh annual reefer analysis, Dynamar Shipping Information and Consultancy indicates that worldwide volumes of refrigerated trade reached a new high of 169.2 million tons in 2019, according to provisional figures, indica…
Reefers: Refrigarated Trade Reaches New Record, Led by China Read More »
The ships’ recycling market started 2021 rather strongly. However, as things stand, some of the momentum built has gone, which could be an indication that some fluctuations could be on the cards. In its latest weekly report, shipbroker Clarkson Platou …
Ships’ Recycling Activity Loses Some Steam Read More »
The LNG market started 2021 on a high note with Asian spot prices crossing $30 per MMBtu while LNG shipping rates recorded a high $350k per day due to freezing temperatures and tight vessel supply. However, the current market conditions are poles apart…
LNG market riding high, but will the gains continue? Read More »