Sun, 28 Jun 2020 21:00:58 +0000 Capesize As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a barrage of negative factors, the capesize 5TC market has outperformed in spectacular fashion to...
Tue, 30 Jun 2020 21:00:58 +0000 Oil product tankers earnings have skyrocketed in the first half of 2020, while the Sale and Purchase (S&P) activity of the oil product tanker market has slowed to the lowest level since 2016. Data from VesselsValue highlight that in...
Tue, 30 Jun 2020 21:00:57 +0000 European forwarders’ association joins industry initiative on a fair, neutral bunker adjustment factor indexing mechanism for shippers, forwarders and shipping lines. CLECAT, which represents the interests of more than 19,000 companies...
Wed, 01 Jul 2020 21:00:59 +0000 Demand for second hand bulkers has been strong, on the back of a strong freight market. However, deals are hard to conclude with sellers reluctant to let go of their assets in current pricing. In its latest weekly report, shipbroker...
Wed, 01 Jul 2020 21:00:58 +0000 June alone saw as many container ship demolitions as the first five months of 2020 combined, doubling year-to-date volumes. In June, 20 ships with a 48,915 TEU of container shipping capacity were sold for breaking in the three main...
Thu, 02 Jul 2020 21:00:59 +0000 The dry bulk market’s latest rally, most notably in the Capesize market, while welcome, isn’t entirely down to fundamentals and as such, could be short-lived. In its latest weekly report, shipbroker Allied Shipbroking noted that “while...
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