September is ending on a softer note for VLCCs in the MEG. After the spectacular rise since late August

Greek owners Minoa Marine have acquired two Kamsarmax sister vessels, the “Cymona Gemini” 83/2006 Tsuneishi

2nd Hand SALES DRY – VV Mean % Difference -3.1% =Cymona Gemini= Pmax 83000 Tadotsu Tsuneishi 2006 – Minoa Marine Ltd USD 15.85 VV 15.4 =Pedhoulas Trader= Pmax 82300 Tadotsu Tsuneishi 2006 – Minoa Marine Ltd USD 15.85 VV 15.1 =Ocean Thyme= Pmax 82300 Dalian Shipbuilding 2014 – Greek USD 20.5 VV 23.2 – DD Passed =Nord Corona= Pmax 81600 Jiangsu Hantong HI 2019 – Greek USD 29.0 VV 27.5 =Nord Indian= Ultra 63900 Tsuneishi Cebu 2018 – Japanese USD 31.0 VV 30.1 =Nord Barents= Ultra 62600 Oshima 2019 – ...

In previous weeks we discussed Russian crude oil exports

This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key

Allied Shipbroking – Weekly SnP Statistics Report Week 38 2022

While activity seemed as though it had been steadily increasing going into the final quarter of the year, the last couple of weeks have sent mixed signals as to whether the 4th quarter will actually be better for the ship recycling sector (as many have been anticipating). Couple of weeks ago, we saw currencies plummet in Pakistan and Bangladesh to the point, a wait-and-watch attitude encompassed both markets – at least until the first sale to a local Recycler establishes the new baseline for a type of unit in that ...

A breath before the start of the final quarter of the year and it is now unequivocal that the market regime shift

The SSY Pacific Capesize Index climbed by 840 points week-on-week to the strongest level since July at 6,750. The W.Australia-China iron

A further 1,108 point weekly gain saw the SSY Atlantic Capesize Index reach the highest level for eight weeks at 10,084. The round-voyage

The week’s highlight was the U.S. F.E.D.’s rate decision. Wednesday, the Federal Reserve hiked benchmark interest rates by another three

The past week was the second week in a row that all the dry bulk indices closed in positive ground on a weekly basis

Since the start of oil production in 2019, Guyana has been on a consistent upward trend in terms of crude exports

VLCC rates remain on an upwards trajectory, with owners pushing for more with each fixture

Sojitz Corp have committed their Kamsarmax “Buenos Aires” 83/2011 Sanoyas, Japan (SS 12/2026, DD 12/2024, BWTS fitted)