November 21, 2019
VLCC rates bottomed out in the mid ws70’s middle of last week for MEG/eastbound voyages, and have not looked back since. (more…)
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Wet
November 20, 2019
While the market expects the next OPEC meeting, there are still no clear signs indicating that the organization will keep supporting oil prices, while some...
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November 18, 2019
In just a few weeks’ time OPEC and its allies will meet again to discuss the oil markets... (more…)
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November 14, 2019
An active VLCC market last week, with most fixtures concluded under the radar as the soft trend continues. (more…)
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November 13, 2019
The improvements seen in the dry bulk market during the unexpectedly strong Q3 brought enthusiasm and optimism for a last quarter rally. (more…)
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November 11, 2019
One of the key developments in tanker supply this year has been a near absence of the demolition activity. (more…)
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November 7, 2019
The VLCC market has been surprisingly slow this week, with only the odd cargo being drip-fed into the market - and all areas have been...
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November 6, 2019
With less than two months before the end of the year, the shipping and refining industries have already taken measures and invested to accommo-date the...
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October 31, 2019
Despite things appear a bit quiet, the volumes continue at regular levels for the major VLCC routes. (more…)
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October 30, 2019
During the past few weeks we have witnessed the shipping industry focusing primarily on the wet sector, which is absolutely normal as after many years...
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October 24, 2019
A quiet end to last week and the same this week. The recent frenzy made charterers look well forward on dates , simply to secure...
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October 23, 2019
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming...
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October 21, 2019
Donald Trump's 'shock' decision to withdraw American troops from Syria last might not immediately appear to have implications for the oil markets. After all, Syria...
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October 17, 2019
After having had a sniff at rates yielding upwards to USD 300k in daily earnings owners were brought back to earth this week, in a...
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October 16, 2019
In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with regards...
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