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Tanker values continue to climb amid bullish market
Positive sentiment in the major tanker markets is driving asset prices upwards with values of some VLCCs up 5% in a month
Bulk carrier values continue to decline
Values for 10-year-old capesize units have dropped by more than 11% in the past month, as weak freight rates dampen sentiment
Containership charter rates on the turn
Average time charter periods are falling, while average one-year rates for some ship types have dropped by more than 20% in a month
Club claims and premiums now in rough balance, says Marsh P&I head
Scale of Gard commercial book will continue to give the Norwegian giant a pricing edge, despite the arrival of NorthStandard with a roughly equal market share
Tanker surge likely to be sustained, Braemar predicts
‘If you were an investor who wanted to invest in shipping, but did not know what sector to invest in, investing in a broker that covers all sectors is pretty safe,’ chief executive comments
Braemar looking to double underlying profits this year
‘Our substantial market share at a time of buoyant shipping markets, combined with our large forward orderbook and a strong balance sheet leave us well-positioned to grow at an accelerated pace,’ says company
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