A potential lifting of Iran’s sanctions could have a major impact in the tanker market, with many ships currently involved in illiciit trading with Iran headed for scrap, thus offering a significant boost in terms of alleviating oversupply issues, curr…
Can Iran Offer Tankers a Lifeline? Read More »
As we have discussed in the previous freight rate forecast publications, there has been upside risk for our last assumption for near-term freight forecast, specifically for sub-Panamax grain tonnages, owing to (a) unusual high congestion, (b) strong co…
Reliability of container shipping deteriorates further After successfully refloating the container carrier Ever Given, the impact on already stretched supply chains is yet to follow. The last of the 350 vessels delayed by the blockage resumed their jou…
Rising costs and less capacity: Shipping’s extraordinary global predicament Read More »
With dry bulk rates witnessing “boom” times, it’s worth taking a look at one of the important markets, i.e. Brazil and its exports of soybean. In its latest weekly report, shipbroker Banchero Costa said that “two weeks ago, we discussed soybean exports…
Last year was undoubtedly a volatile year for Crude Tankers, with changes in global oil production and an unforeseen pandemic leaving the market rejoicing at times, but ultimately fraught with uncertainty. In this article, we will use VesselsValue supp…
Crude Tanker market still showing signs of volatility into 2021 Read More »