Earlier this month the IEA released its medium-term outlook for the global oil markets, which provides analysis and the forecast of the key

ShipsFocus Weekly Chemical Shipping Report, Week 12 2019

VLCC owners were expecting to see a rush of cargoes coming onto the market for early April laycan fixing, so that market rates could be

Golden Destiny Market Report Week 12. You will find the following:

Diamond Bulk Carriers have sold their Kamsarmax, “Puppis Ocean” 81/2014 JMU, Japan with DD 03/2022 and SS freshly passed, to Greek

With the March VLCC MEG program behind us the Owning community was looking forward to a sprout of activity for early April with ambition

Activity in dry bulk S&P market remains stable whereas values appear to have bottomed out and buyers are now willing to pay today’s market

After several weeks of depressing market, rates recovered a bit in the Pacific amid general uncertainty. The West Australia/Qingdao route

NWE/MED A slower week in the NWE coaster market with less activity and coasters were seen open throughout the week, including some

OPTIMA Shipbrokers LTD Sale & Purchase Activity Week 11, 2019

It is rather superfluous to mention the overall bearish mode that has taken grip of the dry bulk sector right now. With the BDI index having

The SSY Atlantic Capesize Index rose by 197 points week-on-week to 5,048 points. However, with ongoing disruption to Brazilian iron ore supply reducing spot cargo availability in the basin, the weekly upturn

A pickup in W.Australian iron ore chartering helped lift the SSY Pacific Capesize Index 473 points higher week -on-week to $3,386/day. Nevertheless it remains 600 points below the year-ago level. The Pacific

It proved to be a very quiet week in the Arabian Gulf (AG) VLCC sector as we entered a lull period ahead of April stem confirmations. In addition to

Opec crude production fell by 240,000 b/d in February to 30.68 million b/d, its lowest level in 4 years. February numbers show a significant over