Baltic index snaps six-day losing streak; higher demand for panamax, smaller vessels
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday to snap a six-day streak of losses, boosted by higher demand for panamax and smaller vessels.
Fitch: Ports Face Structurally Slower Growth
Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says.
Navios Building Up Its South American Fleet on Iron-Ore Wager
Navios Maritime Holdings Inc.’s South American unit is expanding its barge fleet this year as it bets on a recovery in iron-ore shipments from the Hidrovia river system that connects Paraguay, Brazil, Argentina, Uruguay and Bolivia.
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Atlas Maritime joins Navig8’s V8 pool
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Finance & Economy
October 8, 2014
Carnival profit edges up
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Indebted Noble confirms bank loan relief, but skips
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Industry bodies submit CO2 proposals to IMO
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America's Most Popular Gasoline Pipeline Is Losing its
The hottest trade in the U.S. gasoline market is starting to cool. As America’s U.S.…
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Baltic index snaps six-day losing streak; higher demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities,…
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Caribbean ripe for LNG bunkering
The Caribbean is well positioned to move to LNG bunkering as the shipping industry seeks…
October 8, 2014
Dry bulk charter rates sink as iron ore
Falling iron ore prices have helped sink charter rates for bulk carrier vessels, as resource…
Ports
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Thessaloniki Port Authority sale will bolster Greek GDP
The privatization of the Thessaloniki Port Authority (OLTH) may add up to 1.6 billion euros…
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Fitch: Ports Face Structurally Slower Growth
Traffic growth in the ports sector is likely to remain well below historical levels for…
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APM Terminals to Cut 160 Staff at Gothenburg
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‘Preferred Investor’ for Thessaloniki Port Authority Announced
Greece’s privatization fund (HRADF) declared the international consortium that submitted the highest bid for a…
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