Author Archives: ShippingHerald

Author Archives: ShippingHerald

ships

October 17, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Wednesday, on weaker...
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SBM-Offshore

October 17, 2019

SBM Offshore announced that it completed the project financing of FPSO Liza Unity for a total of US$1.14 billion. (more…)
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Fearnleys1

October 17, 2019

After having had a sniff at rates yielding upwards to USD 300k in daily earnings owners were brought back to earth this week, in a...
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A COSCO company flag and a Chinese national flag fly in front of the company's headquarters in Beijing August 26, 2010. REUTERS/Barry Huang

October 17, 2019

A supertanker owned by COSCO Shipping Tankers (Dalian) has received a temporary waiver from U.S. sanctions that has allowed the ship to discharge crude oil...
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tanker

October 17, 2019

Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to...
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Rio Tnt

October 17, 2019

Mining heavyweight Rio Tinto’s shipments of the steelmaking raw material iron ore have risen 5 per cent in three months, despite concerns of the US-China...
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Navios_Frangou

October 16, 2019

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, announced the repayment of its Term Loan B on October 10, 2019....
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bulker

October 16, 2019

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell for a third consecutive session on Tuesday, due...
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tanker

October 16, 2019

Freight rates to ship U.S. crude to Asia eased on Tuesday from record levels as the shock of a global tanker shortage due to U.S....
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MSC

October 16, 2019

Mediterranean Shipping Co. will buy five giant container ships from South Korean yard Daewoo Shipbuilding & Marine Engineering Co. for $762 million in a new...
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Intermodal

October 16, 2019

In perhaps the most interesting market conditions of the past years, the tanker and the dry bulk industry have created a positive sentiment with regards...
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Greek_Flag

October 15, 2019

Greek shipping interests continued to rank in first place in terms of LNG carriers owned and operated worldwide, following a two-year "rally" on the part...
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Diana-Shipping-Panamax

October 15, 2019

Diana Shipping announced the preliminary results of its tender offer to purchase up to 2,816,900 shares of its common stock, par value of US$0.01 per...
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petronas

October 15, 2019

Petronas LNG Ltd (PLL), a subsidiary of Petroliam Nasional Bhd (Petronas),  has completed its second liquefied natural gas (LNG) cargo through its break bulking ship-to-ship...
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Supertanker

October 15, 2019

Nothing right now is stopping a surge in oil tanker rates that’s given owners of the vessels one of the biggest boosts in years. (more…)
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