Author Archives: ShippingHerald

Author Archives: ShippingHerald

Gibson

August 26, 2019

In January 2019 the Trump administration announced tough sanctions against PDVSA, designed to halt US imports of Venezuelan crude. (more…)
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port-of-corpus-cristi

August 26, 2019

China’s threat on Friday to slap a 5% tariff on U.S. oil imports could further soften demand for physical crude at hubs along the U.S....
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Arctic

August 26, 2019

French President Emmanuel Macron is calling on container lines to avoid using a new Arctic shipping route to protect the environment. (more…)
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Frontline

August 26, 2019

Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal worth up to $675 million which will make...
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china-economy_oil

August 26, 2019

China’s crude oil imports from Venezuela plunged 62% in July from the previous month, Chinese customs data showed on Sunday, as growing tension between Washington...
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corn

August 26, 2019

U.S. corn futures hit a three-month low and soybeans neared a three-week bottom after China said it would impose additional tariffs on U.S. products including...
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DP World

August 23, 2019

DP World Group reported a 21.9 per cent growth in adjusted earnings before interest, taxes, depreciation and amortisation to $1.611 billion as its attributable earnings...
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harry_vafias

August 23, 2019

Stelathgas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and operating results for...
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Iranian Tanker

August 23, 2019

An Iranian tanker which the United States wants seized is not heading towards Greece as it sails through the Mediterranean, Greek Prime Minister Kyrikos Mitsotakis...
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citigroup

August 23, 2019

Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s shipping & logistics business, a role which will include bolstering the...
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Piraeus Port

August 23, 2019

Cosco, the Chinese-owned owner and operator of Piraeus port, is expected to resubmit its 800-million-euro investment master plan to the state Port Planning and Development...
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boskalis

August 23, 2019

Royal Boskalis Westminster N.V. released half-year results for the period ending 30 June 2019, reporting total revenue of €1.27 billion. (more…)
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Hoegh LNG

August 23, 2019

Höegh LNG reported its financial results for the quarter and half year ended 30 June 2019. (more…)
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Maritime Cyprus

August 23, 2019

Maritime Cyprus has unveiled its impressive speaker line-up and programme for the October conference, themed ‘Sea Change’. (more…)
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Fearnleys1

August 22, 2019

The VLCC market has gone from strength to strength the last week, culminating at the writing moment with rates high W60’s from both MEG -...
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