Breakwave Dry Bulk Shipping Report 12.03.2024
Another short term spike comes to an end as the Atlantic market fails to inspire – The late February uptick in VLCC rates ended up being short lived
Read More »Another short term spike comes to an end as the Atlantic market fails to inspire – The late February uptick in VLCC rates ended up being short lived
Read More »As spot price records fall one after another, sentiment in dry bulk is reaching new highs – With February average Capesize rates reaching more than 21,000
Read More »VLCCs on a rollercoaster ride amidst uncertainty and shifting sentiment – Once again, VLCC owners experienced a rollercoaster ride
Read More »New building in Tankers, Hanwha Ocean announced an order for a pair of conventionally fuelled 300K dwt VLCCs with an unknown owner, understood to be clients of Evalend
Read More »Best February for Capesizes in 15 years raises hopes for a solid full year – A confluence of events around
Read More »News building in tankers this week, Magni Partners declared two optional 320k dwt VLCC’s at New Times, bringing their series on order to four at the yard.
Read More »VLCC market comes to life amid Lunar New Year rush and heightened geopolitical
Read More »New building in tankers this week, Dalian announced contracting four firm plus two optional LNG dual fuel 300k dwt VLCCs with an unnamed owner
Read More »New building in tankers this week, it has been reported that Euronav ordered one firm 319k dwt VLCC at Qingdao Beihai, with the vessel expected to deliver in 1H 2027.
Read More »A revival in Atlantic activity brings stability and optimism – Seasonality is a powerful driver of
Read More »Geopolitical instability and oil supply disruptions propel the crude tanker market higher
Read More »In tankers this week, Hyundai Mipo announced that Pertamina International Shipping ordered fifteen firm 50k dwt MR product tankers, with the series being split into three distinct series
Read More »New building in tankers this week, clients of Minerva ordered two firm LNG dual-fuel 114k dwt LR2 product tankers at New Times, with the vessels set to deliver in 1Q and 2Q 2027.
Read More »Despite winter blues, expectations remain high – The first week of the New Year saw limited action
Read More »New building in tankers this week, clients of Performance shipping announced contracting two firm 115k dwt LR2s at SWS, with the vessels set for delivery in January and April 2026.
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