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Maritime Strategies International Ltd

Maritime Strategies International Ltd

Month: June 2021

No letup yet in dry bulk shipping’s ‘remarkable rally’

Container shipping dominates the headlines, but in its shadow, dry bulk shipping is posting its best first half in a decade. Dry bulk, which is notorious for abruptly losing momentum, is still going strong. Read more in Freight Waves

MSI Uncategorized Leave a comment June 29, 2021 1 Minute

The Ongoing Effects of Chaos in Yantian

Following recent disruption due to the emergence of COVID-19 cases, Hutchison Ports, which operates Yantian International Container Terminal (YICT), has announced that the terminal will resume normal operations from midnight on Thursday 24th June. Read more

MSI Uncategorized Leave a comment June 25, 2021 1 Minute

Healthy outlook for the product tanker market

MSI, in its latest Horizon Monthly (Oil Tankers), noted on the demand side US oil products continue to rise. In May, imports rose 12% month-on-month to 2.6M b/d. The main drivers were diesel and jet fuel imports. Read more in Riviera Maritime Media

MSI Uncategorized Leave a comment June 24, 2021 1 Minute

Crude oil tanker market in the doldrums

While commodity traders and brokers are talking up crude oil demand, this is not translating into an improvement in the tanker markets. Read more in Riviera here

MSI Uncategorized Leave a comment June 22, 2021 1 Minute

Mercuria to quickly flip vintage VLCC for strong gain in buoyant secondhand market

Mercuria Energy Trading is about to flip a vintage VLCC for a strong gain after upgrading the vessel in a bullish secondhand market. Read more in TradeWinds

MSI Uncategorized Leave a comment June 21, 2021 1 Minute

Transpacific holds key to boxship deployment and cascading trends

The container line industry has collectively ordered a staggering volume of newbuilding tonnage since the fourth quarter of 2020. The transpacific trade will play a role in how this capacity is absorbed into the market. Read more in Lloyd’s List

MSI Uncategorized Leave a comment June 18, 2021 1 Minute

Changing Iron Ore Supply puts emphasis on smaller vessels

Recent months have seen global steel demand accelerate to record highs, as parts of the world emerge from COVID restrictions and lockdowns. Read more in Dry Cargo International

MSI Uncategorized Leave a comment June 18, 2021 1 Minute

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