Owners persistency has paid off to some extent as VLCC rates are now in the low 40’s for Meg/East voyages. Earnings are still barely covering

The ship repair sector is showing a constant and gradual increase on the workload throughout the past months, with almost all the shipyards

The Capesize market remained quite stable with rates closing on Friday basically at same level as the previous week. The C3 and C5 had

With dry bulk shipping still facing sever backlash from the still ongoing and frivolous trade negotiations between the US and China, as well

A 154 point weekly increase lifted the SSY Atlantic Capesize Index to a 16- week high of 6,529 points. There was a $350/day increase in the Atlantic roundvoyage rate (180k dwt) to $10,000/day, while the

The SSY Pacific Capesize Index edged up to 4,329 points last week. Nevertheless, despite this seventh consecutive weekly increase, it remains below the year-ago level. The Dampier- Qingdao iron ore spot

It was an active week in the Arabian Gulf (AG) VLCC sector as charterers started moving on to the June program while cleaning up the few left

Not in a long time has the geopolitical situation in many of the worlds largest crude providers been so precarious. At the time of writing, many

ShipsFocus Weekly Chemical Shipping Report, Week 20 2019

Regarding VLCCs, after last week’s incredibly worrying stats this week, deals actually started ‘cleaning up’ the mess of the last decade in May.

Golden Destiny Market Report Week 19. You will find the following:

Triton Navigation have sold their two Panamax sister vessels “Triton Gannet” & “Lake Dahlia” 79/2009 Sanoyas Hishino, Japan with DD

Seasure Market Report 17 May 2019

A very active week for the VLCCs, to say the least. The May MEG program was lagging but has caught up with the monthly count creeping towards

As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Iranian oil to continue their imports. China is