Weekly Market Reports – Week 23 (2017)

12 June 2017

bluVerve strives to bring you the most relevant information at your fingertips, be it your own company data or general market reports.

Take a look below at our Shiprbrokers’ Weekly Market Reports for Week 23 of 2017 (listed alphabetically):


Allied ShipBroking Logo

Allied ShipBroking

06th June – 09th June 2017 | Week 23

Market Analysis

News of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push with its production cuts limiting trading volumes and increasing bullish sentiment amongst investors. The prevailing sentiment has been holding for some months now that the supply glut has managed to still hold despite efforts that had been made since the final quarter of 2016. We are likely seeing a reversal to the prevailing trends and as such an increase…..

Source: Allied ShipBroking

Download Full Report

Gibson Logo


Week 23 | 09th June 2017

Reforming China

Back in April we discussed the potential impact of a new Chinese customs duty on the import of mixed aromatics (reformate), light cycle oil and bitumen blend. The implementation of these taxes since has been delayed, and flows have once again resumed following a lull in April. However, regardless of developments on the taxation front, imports of mixed aromatics look set…..

Source: Gibsons

Download Full Report

Shiptrade Logo

Advanced Shipping & Trading S.A.

WEEK 23 (02nd June to 09th June 2017)

Entering the second week of summer and already major macroeconomic factors are affecting the world economy. Qatar crisis grows as Arab nations draw up terror sanctions list as UK struggles with hung parliament after the election debacle that left-over Theresa May trying to form fragile government, uncertainty over Brexit talks. Moving on, in the shipping sector spot market has been in the doldrums for almost three weeks now, as the secondhand market followed the same path. The asset prices of all sectors….

Source: Advanced Shipping & Trading S.A.

Download Full Report


WEEK 23 | Tuesday 13th June 2016

The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years old) fleet is similar for both segments being shy one fifth of their respective fleets, the dry bulk orderbook is at a historical low, while the crude one has grown…..

Source: Intermodal

Download Full Report



Submit a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.