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Tanker Shipping

14 April 2010

Floating storage is coming down on the narrowing of market contango, but persists in playing an important part in tanker demand

Tankers still in demand despite bleak outlook

15 March 2011

One year ago the tanker orderbook stood at 132 million DWT – today it totals 118 million DWT. The total orderbook is down by 11% over the last year. Even though new contracts are being signed at a steady pace, that pace remains slower than that of newbuildings being delivered.

Dry Bulk Shipping - China holds the key to a strong bulk market

11 December 2013

It is safe to conclude already that it has been another truly amazing year for Chinese iron ore imports. A growth rate of 10.8% for the first 11 months as compared to the same period last year is solid. Evident also from the freight rate development in the Capesize market, the last 5 months have been exceptional, with 17.8% y-o-y growth for July-November.