marineadmingroup

The dry bulk market looks to be quite positive regarding the future course of freight rates. In its latest weekly report, shipbroker Intermodal said that “the Q1 of every year often sees a decline in dry bulk freight rates. This…

Shipowners have placed a flurry of newbuilding orders over the past couple of weeks, as reports regarding a lack of available berths are triggering more decisive action. In its latest weekly report, shipbroker Allied said that “all eyes will have…

Ship recycling prices have kept on falling over the course of the past week. In its latest weekly report, shipbroker Allied noted that “activity remains concentrated in India and Bangladesh with Pakistan still out of the picture and Turkey making…

Indian and Chinese exports of clean petroleum products into Europe quickly rising, in an indication that a part of their Russian crude oil imports are being reexported in the EU. In its latest weekly report, shipbroker Intermodal said that “over…

The Aframax tanker market and more specifically those loading out of the US could find additional support, in terms of the freight rate market. In its latest weekly report, shipbroker Gibson said that “North Sea Brent, the main global benchmark…

In its latest weekly report, shipbroker Xclusiv noted that “economists still warn about a global economic recession, but economic figures show that the global economy still resists, despite the inflationary wave that swept many countries. The Eurozone economy grew slightly…

Major orders keep making headlines, with Dynacom’s contract for up to 14 LR2 tankers being among the mains “stars” of the past week. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “in the tanker market this week,…

The ship recycling market has come back to life over the past few days, as a result of more container candidates entering the market. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “as we enter the summer…

The tanker market’s long term fundamentals appear to be quite favorable, as the global orderbook is still at just 3% of the total fleet, while oil production and demand are expected to remain at healthy levels moving forward. In its…

The redrawing of the global oil trade has been a mainstay after the was on Ukraine, with Russian oil flows acting as a major disruptor in the market. In its latest weekly report, shipbroker Gibson said that “the European ban…