VesselsValue:
Predicting the recovery in asset prices involves many factors, and the current strength of spot market returns, or term hire rates are only a part of the story, VesselsValue said.
News ID: 80248 Publish Date : 2018/11/01
Based on the delivery schedule of the current orderbook, deliveries of new tankers in 2017 will reach the highest level since 2009, however, Poten & Partners argues that the orderbook may not be as scary as it looks.
News ID: 71827 Publish Date : 2017/01/24
Fearnleys Research Institute Published in its weekly report the performance of shipping industry in the last week with the focus on freight rates, newbuilding orders, sale and purchase transactions and demolition statistics.
News ID: 71776 Publish Date : 2017/01/22
The Asian Aframax market has been strengthening steadily and the rates are expected to continue firming on the back of increased cargoes, weather delays and a tighter tonnage list.
News ID: 70803 Publish Date : 2016/12/11
Given the orderbook, the tanker market is expected to experience ample supply growth in the coming years while the forecasts for tanker demand growth are rather subdued, according to Poten & Partners.
News ID: 70305 Publish Date : 2016/12/11
Freight rates for Aframax tankers on Black Sea-Mediterranean and cross Mediterranean routes almost doubled on Friday to their highest since July, driven by demand for loadings at the end of November at a time when many Aframaxes are storing oil at sea.
News ID: 70251 Publish Date : 2016/11/14
Aframax crude tankers saw their earnings gain ground Tuesday as they continued to pull up from a deep trough.
News ID: 68752 Publish Date : 2016/09/07
The Houston Channel was closed earlier today due to a fire that broke out on an aframax owned by Hellenic Tankers.
News ID: 68733 Publish Date : 2016/09/06