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Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates

Activity in the S&P market is “sizzling hot” at the moment, with more owners entering the market for second hand tonnage. An improved freight rate market is seen as the main reason for this development. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the recent bullish momentum seems ...

The post Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates first appeared on Hellenic Shipping News Worldwide.

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Activity in the S&P market is “sizzling hot” at the moment, with more owners entering the market for second hand tonnage. An improved freight rate market is seen as the main reason for this development. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the recent bullish momentum seems ...

The post Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates first appeared on Hellenic Shipping News Worldwide. [post_title] => Ship Sales Booming as Owners Are Looking to Ride the Wave of Higher Rates [post_excerpt] => Activity in the S&P market is “sizzling hot” at the moment, with more owners entering the market for second hand tonnage. An improved freight rate market is seen as the main reason for this development. In its latest weekly report, shipbroker Allie... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => ship-sales-booming-as-owners-are-looking-to-ride-the-wave-of-higher-rates [to_ping] => [pinged] => [post_modified] => 2021-03-30 21:00:59 [post_modified_gmt] => 2021-03-30 21:00:59 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=861663 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )