NEW BUILDING: In dry bulk, Clients of Globus Maritime announced ordering two firm 64k dwt Ultramaxes at Nantong COSCO KHI

NEW BUILDING: In tankers this week, Erik Thun AB announced ordering two firm 8k dwt IMO2 Chemical tankers at Ferus Smit Shipyard

Dry bulk defies global market rout – The Capesize market has finally showed signs of strength, with spot rates doubling over the past few

NEW BUILDING:  In tankers this week, clients of Navios Maritime Partners announced ordering four firm 115k dwt LR2 product tankers at K Shipbuilding

NEW BUILDING: This week, in the gas carrier sector, CNOOC announced ordering six firm 174k CBM LNG Carriers at Hudong Zhonghua

NEW BUILDING: In the dry market, clients of Almi Marine Management are reported to have placed an order at Dalian COSCO KHI for three firm 64k dwt

NEW BUILDING: A quiet week in the Newbuilding market, with news of only one order surfacing. This in the gas carrier market, where

Futures slump as spot freight rates refuse to rally – The recent divergence between the Capesize spot and futures markets has finally come to

In Tankers this week, Asiatic Lloyd declared their two optional 50k dwt MR’s at Hyundai Vinashin

NEW BUILDING: In tankers, Hyundai Vinashin announced taking orders for two firm plus one optional 115k dwt LR2’s for clients of Metrostar Management

Capesize futures premiums might not be that extreme after all – As we stare into the second quarter of the year, the futures market remains

NEW BUILDING: In the gas carrier market, Daewoo (DSME) announced taking orders for three firm 200k CBM LNG Carriers from an

In the gas carrier market, Daewoo (DSME) announced contracting two firm 174k CBM LNG Carriers from an unknown owner

Coal is driving the dry bulk market, but for how much longer? – Trade flows have clearly shifted in the coal market, and that is helping

In tankers this week, Taizhou Wuzhou announced taking order for a firm 9,400 dwt Stainless Steel Chemical Tanker from Wuzhou Tongzhou Shipping