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A Global Broker And Commercial Advisor For The Energy And Ocean Transportation Industries. 

Poten & Partners, a global broker and commercial advisor for the energy and ocean transportation industries, provides unparalleled access and insight into worldwide commodity and shipping markets. 

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Tanker Broker, Tanker Consulting, LNG & Natural Gas Consulting, LPG Consulting, Fuel Oil Consulting, Asphalt Consulting, Naphtha Brokerage, Financial Services

A Mulligan for Capesize Owners? (January 23, 2015)

How bulker conversions will impact the tanker market

While the tanker market has gone from strength to strength on the back of sharply lower oil prices and moderate fleet expansion, the dry cargo market, in general, and capesize bulk carriers, in particular, are in the doldrums. The dry bulk orderbook for 2015 and 2016 delivery remains high, in particular for Capesize vessels. Is it realistic to expect that a significant portion of these large bulk carriers are going to be converted to Aframax or Suezmax tankers?

 

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