May 24th, 20180This past week has seen a surge in the volume of ships changing hands, contributed in no small part by the 15-vessel deal concluded by Star Bulk Carriers for the Songa Bulk fleet. Nevertheless, the bumpy dry bulk freight rate conditions at present have put the brakes on a bit compared to earlier in the year.
Capesize rates softened...
May 17th, 20180In line with a sudden cooling of freight rates the past week was not so busy for bulker sales and purchases compared to the high levels of activity seen lately, with Chinese buyers contributing most of the deals while interest for secondhand tankers remained firm with MR units proving particularly popular.
“On the dry bulk side,...
May 10th, 20180The overall firm performance of the dry bulk shipping sector has continued to strengthen investor confidence in the secondhand bulker market, which has resulted in a continued flow in S&P activities.
“On the dry bulk side, activity seemed to have picked up this past week, with the focus having been firmly placed on the smaller...
May 3rd, 20180Following two strong weeks in the secondhand bulker sale and purchase market, the activities were slightly subdued in the past few days with many deals believed to be close to fruition. Meanwhile, activities in the secondhand tanker S&P sector has seen a surge following weeks of depression.
“On the dry bulk side, with the...
April 26th, 20180The secondhand dry bulk carrier sale and purchase market remained firm for yet another week, with buyers focusing mostly on modern supramax and handysize vessels, while activities in the secondhand tanker market remain limited amid the sector’s continued recession. With capesizes beginning to surge in earnings, brokers are reporting...
April 19th, 20180Activities in the secondhand bulker sale and purchase market kept up a steady trend this week after the market bounced back last week with interest most strong in the supramax sector, while things also started to pick up in the secondhand tanker sector with a few en bloc deals reported by shipbrokers. One name featuring repeatedly in the...
April 12th, 20180After a fortnight of limited done deals in the secondhand sale and purchase market in line with cooling charter rates, this issue of Weekly Broker roars back with a feast of concluded transactions led by the dry bulk sector.
“On the dry bulk side, it looks as though the market showed a bit more spark this week, with activity levels...
April 5th, 20180With charter rates cooling for dry bulk and tankers remaining in the doldrums this past week has seen owners step back from making many ship purchases. A noticeable air of caution has hit the S&P scene at the start of the second quarter. Traditionally the Easter break does bring a bit of a pause to proceedings. This lull was greater...
March 29th, 20180As the first quarter of 2018 comes to a close action on the dry cargo secondhand market has reflected the charter market this week – cooling off somewhat. Meanwhile, in the tanker sector, we continue to see depressed freight rates, resulting in low liquidity in the sale and purchase market.
“On the dry bulk side, the slower...
March 22nd, 20180Owners’ passion for secondhand bulk carriers cooled down a bit with lower transaction volumes this week, while interest for feeder boxships proved a steady trend.
“On the dry bulk side, buying appetite scaled back down considerably this past week, with the number of transactions coming to light being limited to a single digit for...
