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Dry Bulk Market at Peak Level

02.11.2017

The dry bulk market’s recent corrections seem to be helpful for the latest rally to “sink in” and for the restoration of the market’s balance and a rethinking of the prevailing fundamentals. However, according to Allied Shipbroking, the metals’ prices rally ...

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BIMCO: 45 More VLCCs Needed to Back China’s Crude Oil Demand Growth

01.11.2017

Chinese crude oil demand needs 45 additional very large crude carriers (VLCCs) to support growth in imports of seaborne crude oil, according to BIMCO’s estimates.

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