Freight futures contango evaporates as optimism turns into caution – Not much has changed in the spot market

New building in the tanker market this week, Hyundai Mipo announced contracts for two firm 50k dwt MR’s with an unnamed buyer

New building in dry bulk this week, Suzhou Xinxin Shipping announced orders for two 86k dwt Panamax bulkers at Taizhou Kouan SB.

Stability brings optimism, as Capesize spot rates reach 20,000 – As Capesize rates continue

New building this week in the gas carrier market, Hyundai HI announced contracts for two firm 200k CBM LNG Carriers

New building in the tanker market this week, clients of Dynacom are reported to have placed an order for 10 x 115,000 dwt

Volatility declines as a wait-and-see approach takes center stage – The dry bulk market rarely stands still

New building in tankers this week, Clients of Metrostar are reported to have ordered two firm 75k dwt LR1’s at Yangzijiang

New building in tankers this week, Hyundai Samho announced contracts for two firm 158k dwt Suezmaxes with the vessels set to deliver

New building in tankers this week, Wuhu Shipyard announced contracts for four firm 18.5k dwt Chemical Tankers with Union Maritime

Entering Q2 on a high note – With spot Capesize rates some 6,000 above the level at the same time last year, the outlook seems promising.

New building in tankers this week, Hyundai Vinashin announced contracting one firm 115k LR2 product tanker with an unnamed owner

Patience is a virtue: consolidation underway in a rather supportive backdrop – With freight rates back to their historical

New building in the gas carrier market this week, Hyundai announced signing contracts with Arab Maritime Petro (AMPTC)

New building in the gas carrier market this week, an unnamed owner ordered two firm 174k CBM LNG Carriers at DSME