Fearnleys Weekly


The VLCC market ended last week on a generally quiet and soft note except Caribs/East. Much to owners delight renewed activity has been recorded ex Meg at the beginning of the week, but rates have so far been stable....

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Dry bulk

It has been a new week with firm rates and a positive sentiment in both hemispheres, however midweek it seems that the market has taken a breather. Less activity from the grain houses in both US Gulf and ECSA has led...

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In the Western markets, it seems the LPG product market and the VLGC shipping market has been on colliding courses this week, which have resulted in a very quiet start of the week. A few players have been on the mark...

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Newbuilding activity has picked up with 11 orders this week. The LOI we saw last month has become firm orders of nine 22,000 teu vessels for CMA CGM at Hudong and SWS. The vessels are most likely being built with LNG...

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