Tankers In Demand as Shipowners Are Making Moves Expecting the Market to Rebound

The tanker market appears to be bottoming out according to shipbrokers. As a result, shipowners are seeking more and more wet tonnage in bargain prices, looking to invest while prices are still subdued. In its latest weekly report, Intermodal said that “in the last three months approximately 72...


Navios Maritime Containers Inc. Announce Filing of F-1 for Direct Listing of Navios Maritime Containers L.P.

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, and Navios Maritime Containers Inc. (“Navios Containers”) (Oslo OTC: NMCI), a growth vehicle dedicated to the container sector, announced that Navios Partners plans to distribute approximately 2.5% of the...


Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Astarte with Glencore

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk...


Demolition Market Slows Down, as Tankers are Still the Main Scrap Candidates

The number of ships sold for scrap has apparently slowed down a bit, during the course of the past week, as the market has paused a bit. Nevertheless, tankers are still the main candidates, as bulkers are enjoying a healthy rise in freight rates lately. In its latest weekly report, shipbroker...


Dry Bulkers’ Prices Moving on Higher Ground as Market Sentiment Improves

As the dry bulk market sentiment is improving, on the back of positive fundamentals and a significant rise in freight rates, so are asset prices. Shipbroker Intermodal is taking note of the recent trends in sales prices of various dry bulk classes. In its latest weekly report, Intermodal said that...


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