Shipping broker report ending 03/09/24

Been a few weeks since I last posted on this topic. Carriers released their latest report today (03/11/24).

  • 17 bulker transactions this week.
  • A fair mix of new and old tonnage. Recognizable names include a SB vessel and, I think, a SBLK vessel.
  • 3 tanker transactions, including two 20 year old vessels,
  • Great prices for the respective sellers, particularly the Aframax seller
  • 4 newbuild orders, including a pair of LPG tankers for Exmar

Though BDI pulled back a little, overall, the segment seems strong for the time-frame. Tanker markets seem above-average