"The tanker markets are definitely in a trough at the moment, with one of the worst years in a decade in terms of freight rates and returns," said Ralph Leszczynski, head of research at
ship broker Banchero Costa in Singapore.
His prior experience in the offshore industry, includes his position as managing director of Bourbon Norway and
ship broker and general manager within Seabrokers.
Cargo volumes from Brazil and Australia, which normally rise in the second quarter on better weather, will not increase because both countries experienced dry conditions in the first quarter, Norwegian
ship broker Fearnley said in a weekly research note last Wednesday.
27 November 2014 - UK investment holding company Clarkson Plc (LON:CKN) said Thursday that shareholders of Norwegian
ship broker RS Platou ASA have agreed to the terms of the proposed purchase of the company by Clarkson for GBP281m (USD443.8m/EUR355.2m) in cash and stock.
jerey.ball@brewin.co.uk
Ship broker Clarksons posted a 46% rise in underlying pre-tax profit to PS15.8m for the six months to June 30 as it boosted trading volumes and entered new markets, despite tough trading conditions.
In April we revealed how the oil industry
ship broker was about to take Formula 1 off the ground and into the skies in Air Race F1- the first race of its kind in Europe for more than 25 years.
There is no other reason for it to be anchored at Bukom," said a Singapore-based
ship broker.
The group also includes George Boulton-Lea, a
ship broker at Arrow, Rory Jones, an account executive at Lightfoot Marketing Asia, and Daniel England, a lawyer with Shearman and Sterling and University College London graduate.
When this project started, the United States was going to import gas and LNG prices were going to rocket, but then it discovered all this gas and that changed," the
ship broker source said.
"You are definitely seeing a slowdown in activity," a
ship broker said.
He is also a certified Chartered
Ship Broker and a graduate of Maersk International Shipping Education.- TradeArabia News Service