MONTHLY SALE AND PURCHASE REPORT 3/9/2012

The summer is slowly finishing but the problems especially in dry and tankers are not! We have reached a point that the dry bulk orderbook has become so big that even a significant turn in the global economy wont be able to absorb it.. we are looking for a minimum of another 3 years of very low rates especially for the bigger bulkers.

On the tanker side things are slightly better but again how long can owners survive with fast dropping values and negative TC earnings, especially on the VLCC’s??

Full article, ELNAVI, Issue 465, September 2012, Page. 51

Comments are closed

© 2019 Elnavi. All Rights Reserved. Log in

- Designed by Gabfire Themes