Despite July ending with record high volumes ex Meg it has not been sufficient for the market to firm for the VLCCs. On the contrary, rates have softened for virtually all the major routes. The volumes both in West A...
The market is stable in the atlantic hemisphere,especially for TA and South America. Need for promt tonnage from USG and USEC for Continent/Med. Specific trades been paying a premium due to lack of prompt tonnage. M...
It has not been very busy in the VLGC spot market since our report Wednesday last week. With the risk of repeating ourselves, the trading environment still does not allow for neither conventional nor creative spot cha...
Quiet week for the newbuilding market with only one order to report. Australia`s Toll Shipping has signed shipbuilding Contracts with Jinling for two 12,000dwt RoRo vessels for delivery 2018.