Sentiment for dry bulk is looking good this year with demand moving up, yet there are still many challenges to overcome on the road to recovery from the pandemic. However, the strength of the capesize market last month has galvanised sentiment for dry bulk going forward this year. Dry bulk freight … [Read more...] about As cape market cools, this might be the year of the smaller bulker
By Rebecca Galanopoulos Jones- Head of research, Alibra Shipping Ltd. As the dry market dropped off following the highs seen in September 2019, the underlying sentiment was that only a resolution in the ongoing trade war between the US and China would signal a change of fortune and provide a … [Read more...] about Coronavirus fears add to worries over health of global dry market
Overall current orderbook levels are low on the whole both for tankers and dry and this is allowing the yards to manage orders efficiently which is one of the reasons why slippage- the amount of ships due to be delivered during a certain period that are shunted over to the next- levels have been on … [Read more...] about Has the pandemic had an impact on slippage and orderbook levels?
Tanker shipping was one of the few winners amid the global rout in stock markets and oil prices seen during the first few months of this year, in the face of falling industrial activity and weak demand as the world came to terms with the coronavirus pandemic. Over the last few months, we have … [Read more...] about Tanker groups emerge as oil market turmoil winners
17 November 2020 by Rebecca Galanopoulos Jones With a bleak outlook for tankers as we approach the end of the year and moving forward in to Q1, recent figures coming out of China are presenting some hope for the weak tanker market. The main economic indicators from Beijing are pointing to a … [Read more...] about China to the rescue: Country’s recovery a positive sign for otherwise gloomy tankers
By Rebecca Galanopoulos Jones, head of research, Alibra Shipping Ltd. Demand uncertainty has been behind much of the freight rate volatility that we have seen in the tanker market this year. Since the floating storage boom earlier this year where the period market experienced record breaking … [Read more...] about Winter is coming: Hope for tanker rates after summer stagnation
For the first quarter of 2020, we have been dealing with an exceptionally unusual situation to say the very least due to the COVID-19 pandemic that continues to have an unprecedented impact globally. In the tanker market, we would usually expect some volatility in the first few months of the year … [Read more...] about Volatility and uncertainty on the tanker front
By Rebecca Galanopoulos Jones, head of research, Alibra Shipping Ltd. If we were led to believe that the Capesize market couldn’t get any worse this year following 2019’s disastrous Q1 that saw iron ore exports from Brazil come to a halt following the tragic dam disaster, then we were very much … [Read more...] about There’s more to dry bulk slump and cape bounce-back than coronavirus