China’s and Australia’s trade tensions, which have led to disruptions in the ever so important for the dry bulk market, coal trade, could potentially lead to more long-haul charters. For example, Canada is the seventh largest exporter of coal in the wo…
Could Australian Seaborne Coal Trade Disruption Lead to Higher Ton-Mile Demand? Read More »
In times of crises, as individuals, we learn much about who we are and what is important to us. The same is true of businesses. When the status quo is shaken, there is an opportunity to define a new equilibrium by setting different standards, reshaping…
Treading the right path Read More »
Product tanker stocks have climbed in the last month (23 October to 25 November) mainly driven by a rally in the global equity markets and seasonal strengthening of product tanker freight rates. DMFR product tanker index rose 16.9% since 30 October, wh…
Rally in product tanker stocks to be short-lived Read More »
Shipping is eagerly awaiting for the impact of OPEC’s decision in the oil market and subsequently the crude tanker market. In its latest weekly report, shipbroker Gibson said that “a year ago, US crude production reached its highest level ever, averagi…
Tanker Market Looking for Direction Post-OPEC+ Read More »
Capesize The Capesize market continued its meandering behaviour this week as the 5TC opened at $12,712. It weakened throughout the week before reviving to close up Friday at $12,606. It was a varied market across the globe with some pockets of tightnes…
Dry Bulk Market: Capesize Market Again Livens Up By Week End Read More »