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The shipping market in 2016 and looking forward

03 January 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers. In 2016, the container shipping industry bit the bullet in terms of demolition and consolidation to help the market to recover. The dry bulk sector needs to copy that approach.

Tanker market report 19 April 2024

22 April 2024

Earlier this month the IEA released its monthly oil report, offering for the first time their analysis of how oil markets could shape up in 2025. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.