November 16, 2018
The container shipping industry is dynamic and volatile and has been marked in recent years by instability, as a result of continued deterioration of market...
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The Wire
November 16, 2018
“The product tanker market reached historically low levels in the third quarter impacted by a decrease in demand growth and shorter sailing distances. I am...
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November 16, 2018
Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company has accepted an offer letter to refinance a loan facility of...
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November 16, 2018
Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still "soft" container shipping market. Moreover, a recent restructuring of its loan portfolio also...
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November 16, 2018
Shareholders in the world’s biggest container-shipping company may get up to $8 billion in payouts next year, according to Goldman Sachs. (more…)
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November 16, 2018
The commodity shipping industry was expected to sail through the trade war unscathed. (more…)
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November 16, 2018
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder by orders, swung to a net loss in the third quarter from a year earlier...
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November 16, 2018
Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders have been caught off guard...
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November 16, 2018
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, snapped its 12-day losing streak on Thursday, powered by a...
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November 15, 2018
Seanergy Maritime Holdings Corp. announced that it has successfully concluded the refinancing of the 2011-built Capesize M/V Championship through a leasing agreement with Cargill International...
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November 15, 2018
Pyxis Tankers, an emerging growth pure play product tanker company, announced unaudited results for the three and nine months ended September 30, 2018. (more…)
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November 15, 2018
Sovcomflot (SCF Group) announced that it has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three...
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November 15, 2018
The European Court has fined Athens 10 million euros – plus another 7 million euros every six months until compliance – for the state’s failure...
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November 15, 2018
Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an 180-foot-high tank in Corpus Christi,...
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November 15, 2018
With most of the VLCC market players in Dubai for the Bahri reception this week, the activity has remained calm with little excitement. (more…)
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