Newbuilding investment in the VLCC sector this year could be much higher than reported, according to analysts who predict the bull run for orders has some way to go.
Market analysis suggests a significant amount of VLCC tonnage may have been ordered or agreed than has previously come to light. (Read more . . . SUBSCRIPTION)
On the 1st June MSI’s Director of Consultancy James Frew delivered his presentation entitled “Which asset classes to invest in and when to do it” to the delegates of Marine Money Offshore in Oslo. Download the presentation here..
Maritime Strategies International (MSI) predicts continued challenges for the offshore rig market over the next two years.
The consultant has compared the current market to the slump of the 1980s. Its data model suggests the rig market at present is in a worse state, due to under-use of the global fleet and the supply/demand balance. Read more > > >