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Tanker Market: Is Mexico’s Oil Industry Shakeup a Factor?

In its latest weekly report, shipbroker Gibson said that “Mexico’s energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place should his party take office. Information published by Reuters stated that Obrador is opposed to sending crude oil ......


Are Banks Back into Shipping Finance? The outlook for 2018 and beyond

2017 was a year in which market sentiment, especially in the dry market, showed some improvement. In addition, global economic growth and international trade continued to grow at a robust pace approaching 4% p.a. overall. With the slowdown in new vessel deliveries across a number of sectors, the improved sentiment allowed for some cautious optimism ......


Dry Bulk Market: Capesize Market on Retreat Mode

Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major impact on the market, with at least 40 ships in ballast from ......


Overwhelming Tanker Orderbook Is Pushing Some Owners To Retire Ships Well Below 20 Years of Age

In its latest weekly report, shipbroker Allied Shipbroking said that “one thing that can be said with certainty is that 2018 is all but what can be described as a stellar year for the tanker market, given the turmoil it has faced during these past five months and the repeated inability to show an ability ......


Hellas: Shipping Industry’s Loan Exposure Falls by 5.62% to $54 billion Says Petrofin Bank Research

Petrofin Bank Research presents, for the 17th year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2017. Petrofin wish to thank all participating banks for their steadfast support, without which this research would not have been possible. The portfolios show both the shipping loans ......


Olefin trade not helping LPG shipowners

The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. The market has been under pressure since 2017, but olefin trade growth has averaged 3.1% annually over ......


Marine News:

Tanker Market: Is Mexico’s Oil Industry Shakeup a Factor?

In its latest weekly report, shipbroker Gibson said that “Mexico’s energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place should his party take office. Information published by Reuters stated that Obrador is opposed to sending crude oil ......


Are Banks Back into Shipping Finance? The outlook for 2018 and beyond

2017 was a year in which market sentiment, especially in the dry market, showed some improvement. In addition, global economic growth and international trade continued to grow at a robust pace approaching 4% p.a. overall. With the slowdown in new vessel deliveries across a number of sectors, the improved sentiment allowed for some cautious optimism ......


Dry Bulk Market: Capesize Market on Retreat Mode

Capesize A depressing time for the big ships as rates eased across the board, with the Atlantic particularly short of cargo, while levels in the East fell despite active fixing from West Australia. The lack of Brazil cargo continued to have a major impact on the market, with at least 40 ships in ballast from ......


Overwhelming Tanker Orderbook Is Pushing Some Owners To Retire Ships Well Below 20 Years of Age

In its latest weekly report, shipbroker Allied Shipbroking said that “one thing that can be said with certainty is that 2018 is all but what can be described as a stellar year for the tanker market, given the turmoil it has faced during these past five months and the repeated inability to show an ability ......


Hellas: Shipping Industry’s Loan Exposure Falls by 5.62% to $54 billion Says Petrofin Bank Research

Petrofin Bank Research presents, for the 17th year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2017. Petrofin wish to thank all participating banks for their steadfast support, without which this research would not have been possible. The portfolios show both the shipping loans ......


Olefin trade not helping LPG shipowners

The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. The market has been under pressure since 2017, but olefin trade growth has averaged 3.1% annually over ......


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