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A continued slowdown in global growth, as well as a lower trade multiplier will reduce overall demand for shipping for the rest of this year and through 2020.
The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR 5) will meet next week.
The tanker market is – even more so than before – all about geopolitics.
2020 is already turning out to be a highly volatile year. Most tanker freight markets have remained extremely firm over the first two weeks of January whilst geopolitical risk has ratcheted up once again. The weekly tanker market report by Gibson Shipbrokers.
Up to now, 2020 has proven to be one of the most challenging years for the shipbuilding industry, with hopes for a substantial recovery in newbuilding volumes remaining reserved for the foreseeable future. The weekly newbuilding report by Intermodal Research & Valuations feature, include newbuilding prices for dry bulk-, tanker- and gas shipping segments. Additionally, recent newbuilding orders are listed by units, type, size, yard, expected delivery date and price.
