12 September 2016
09 October 2011
The poor freight rate performance on the main trading lanes took us by surprise – even with our modestly positive outlook, the peak season was set to be
13 June 2012
The dry bulk market is under immense pressure, as the retreating weight of China as the driver of the market is extensively felt. At a time when supply growth simply breaks new mind-blowing delivery records, the demand situation is pitching in a bit too. Currently, there are reports of Chinese customers in the steel industry that are refusing to honour their contract as prices drop, and stock piles are fuller than normal at a time when steel mills take their foot off the throttle following a red-hot production period in recent months.
06 May 2016
Our recommendation remains to balance your exposure to market by seeking a fixture in the time charter market.
25 January 2016
One of the most characteristic developments in 2015 was the declining price of crude oil during the second half of the year. Brent crude oil dropped from USD 57 a barrel (bbl.) on 1 July to hit USD 37 a bbl. on the last trading day in 2015.
07 November 2016
Containership demolition reach all time high and provides a positive surprise for the struggling container shipping industry.
22 December 2016
This analysis explains the recent history, updates you on the current state and displays future changes for crude oil tankers.
22 November 2016
Australia and Indonesia, being the main exporters of coal to China, are growing their market share at the expense of longer haul exporters like the US and South Africa.
03 January 2017
The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.
06 November 2017
This ongoing recovery is still in a "fragile" state - demand has increased but so has supply.