NEW BUILDING: In tankers, Chengxi announced contracting one firm plus one optional 37k dwt Asphalt and Bitumen tanker for Vitol Group

NEW BUILDING: In tankers, Wuhu shipyard announced taking order for a firm 5k dwt Shuttle tanker from Shanghai North Sea Shipping

Capesize rates reach 50k. Are the next 10k higher or lower? – With the Atlantic market taking the lead from an already hot Pacific

NEW BUILDING: In dry bulk, Jandroplov International Maritime Transport announced ordering two firm 63k dwt Ultramax at a TBN Chinese shipyard

NEW BUILDING:Ιn dry bulk this week, Beihai announced signing two firm 210k dwt Newcastlemax with Zheijiang Xiehai Shipping,

Capesize rates reach 40k once again; Is 50k the next stop? – In a span of less than four months

NEW BUILDING:  In the container market, it is being reported that Shanghai Zhonggu Logistics have declared two optional gearless

NEW BUILDING: In tankers, clients of Enesel are reported to have declared a further optional 115k dwt Aframax at Shanghai Waigaoqiao

Smooth summer sailing for dry bulk but “stormy clouds” are likely gathering in the horizon

NEW BUILDING: In tankers, the Yards long term existing customer clients of Samos Steamship have ordered two firm 115k dwt Aframax

NEW BUILDING: In the tanker market, Hyundai Mipo announced taking order for two firm 50k dwt MR’s from an unknown owner, with delivery

Volatility rampant but which way market balance points to?

In the tanker market, it was reported that an unknown owner ordered two firm 50k dwt MR tankers at STX, with both vessels to be delivered in 4Q

In dry bulk this week, Aston Enterprise are reported to have ordered two firm 82k dwt Kamsarmax at Chengxi Shipyard

Softening Capesize rates eat away futures’ premiums as market confidence is shaken