Deathly was how one seasoned broker in Asia described the S&P scene this month, a point of view backed up by stats by VesselsValue.

In dry bulk, ships were being sold at lower than last done which seems to upset a lot of people because they don't like a falling market while in tankers there have been signs that buyers are finally baulking at the wildly high prices on offer.

Month-on-month bulker S&P activity fell in June by 43% with a total of 36 vessels reported sold, compared ...