News

VLCCs, Place your bets!

April 21st, 2018|0 Comments

In 2018 so far, some 17 VLCCs have been ordered, which has expanded the orderbook by 17.0% in terms of vessel numbers, according to Alibra data. Of these ships, all but two are to be [...]

Dry Bulk FFA: Supramax In Correction Mode

April 21st, 2018|0 Comments

The index remains in a corrective phase but remains technically bullish on its moving averages. Upside moves from here would keep the bullish high low sequence intact. However, a close below USD 10,671 would create [...]

Bulkcarrier Earnings: How Far Have We Come?

April 21st, 2018|0 Comments

Following the historically challenged market seen in 2016, earnings in the bulkcarrier sector improved substantially in 2017, with more positive demand side trends across a number of dry bulk commodities seeing the erosion of some [...]

U.S. sorghum armada U-turns at sea after China tariffs

April 21st, 2018|0 Comments

Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export [...]

The Ceiling On Economies Of Scale In Container Vessels

April 21st, 2018|0 Comments

January 2018 was a record month for new vessel deliveries, with shipping lines seemingly intent on continuing to order new, bigger ships. As a result, the active total fleet deployed has increased by some 10.8% [...]

Ship owners Active on Specialized Product Markets Are Finding Themselves Cornered These Days

April 21st, 2018|0 Comments

The market for specialized trades has taken a turn for the worst of the past period, as a result of negative fundamentals. In its latest report, shipbroker Intermodal noted that “the return of traders and [...]

Mexico’s Clean Imports on the Rise

April 20th, 2018|0 Comments

The Caribbean refining sector remains under pressure with recent market reports indicating that utilization declines have exceeded the typical seasonal decline for this period. JBC Energy estimates that Mexican refinery utilization dipped to a low [...]

Shipping Market Overview: Spring 2018

April 20th, 2018|0 Comments

Six months ago we described the shipping markets as experiencing “improvements filtering through after hitting rock bottom in 2016”. This trend has continued with the ClarkSea Index averaging $10,767/day in 2017, up 14% y-o-y, but [...]

Soya Bean Trade Lanes May Change Due To The Ongoing Trade War

April 20th, 2018|0 Comments

The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China. Soya bean trade [...]

Huge disruptions coming with 2020 low-sulfur shipping rule – IEA

April 20th, 2018|0 Comments

The shipping industry and oil refineries are not doing enough to prepare for new rules cutting the amount of sulfur that vessels can emit from 2020, according to the head of the International Energy Agency’s [...]

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