January 17th, 20190The pallid state of the dry bulk market has managed to scare off some buyers in the sale and purchase market in the past few days. Heading in a different direction, however, the tanker S&P sector has seen a great comeback, showing very firm interest across all sizes and ages. Nevertheless, strong secondhand bulker prices suggest...
January 10th, 20190Place your bets! Which sector will appreciate the most in the coming 12 months? As reported on this site earlier this week, VesselsValue has picked classic panamax boxships to pick up in price the most this year. Opinion seems divided however, but optimism abounds that there’s money to be made in the final year of a tricky decade for...
November 29th, 20180What constitutes a bargain in today’s volatile dry bulk market? Unsurprisingly brokers and ship operators have hugely divergent points of view on this subject. Writing on LinkedIn earlier this week, Jens Ismar, CEO of Norway’s Western Bulk Chartering, referencing a Weekly Broker column from earlier this month, claimed that while the...
November 22nd, 20180Bulker prices are falling while tanker values are jumping. As the year closes are we closing in a moment where these two sectors cross in different directions? What is clear in week 47 of 2018 is that we have entered peak S&P with the volume of concluded deals surging.
According to Alibra’s latest chartering report, rates in...
November 15th, 20180The final quarter is proving to be the busiest three-month period of the year for secondhand transactions, and the buying has not slowed despite a precipitous drop seen in the dry bulk freight market where cape earnings were sheared in half last week. All this suggests buyers have a strong gut feel for prospects for 2019. Higher...
November 1st, 20180The secondhand bulker sale and purchase market in the past week has turned to a feast for owners who are looking to secure tonnage before the year-end, with a large number of ships changing hands, despite the chartering market resuming a sideways movement. The rundown of the sales goes from capes to handies and a look at the ships that...
October 25th, 20180Q4 always tends to bring S&P deals out of the woodwork and 2018 is proving no exception with Greeks very much to the fore, bagging available bulker tonnage as well as hoovering up sensationally cheap tanker deals where prices for crude ships are now hovering around historic lows.
“On the dry side we witnessed a fair gear up in...
October 18th, 20180The strong performance in the secondhand dry bulk sale and purchase market continues for yet another week, coupled with the positive performance in almost all bulker chartering segments, while activities in the tanker sale and purchase market has scaled back.
According to Alibra’s weekly report, although there has been little...
October 11th, 20180Investors’ wait-and-see approach has finally transformed into action with a strong start in S&P action in the fourth quarter. Activity has been most pronounced in the dry bulk sector, where prices for panamaxes and supramaxes are firming up in particular.
“On the dry side, a considerable boost in volumes noted during the past...
October 4th, 20180The strong rebound of sale and purchase activity in the previous week did not continue this week, despite the chartering market showing a notable pick up across most sectors. It is believed that the market is still in the process of shifting fundamentals and investors are re-evaluating their positions. Prices are set to rise, Splash...
