VLCC market correction just “a blip on the road” according to shipbroker CR Weber

Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards. In its latest weekly analysis, the shipbroker noted that demand is expected to remain elevated with spot voyages generating around 940 Bn Ton-Mile

China:ShipbuilderS' Turnover Perking Up

China’s shipbuilding industry seems to be recovering from a plunge it took since the beginning of the year,...