October 14, 2019
The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader...
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The Wire
October 14, 2019
Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new...
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October 14, 2019
South Korean shippers are considering joining hands to win massive liquefied natural gas (LNG) transportation orders to be placed by Qatar, industry sources said Sunday....
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October 14, 2019
Asian oil refiners are grappling with a jump in global freight rates that shows no sign of abating, driving up costs of crude imports from...
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October 14, 2019
Without a doubt, the key driver of the growth in crude tanker demand this year has been US crude exports. (more…)
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October 13, 2019
Leakage of cargo from an Iranian-owned oil tanker apparently hit by missiles in Red Sea waters off Saudi Arabia has been stopped as it heads...
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October 11, 2019
Eagle Bulk, one of the world’s largest owner-operators within the Supramax / Ultramax segment, announced that it has taken delivery of the fourth of six...
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October 11, 2019
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...
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October 11, 2019
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit a two-week high on Thursday, as vessel rates...
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October 11, 2019
Short period (3-5 months) and two-laden-leg fixtures have dried up in the Atlantic dry bulk markets, as shipowners seek to minimize risk ahead of the...
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October 11, 2019
The Piraeus Port Authority (PPA S.A.) announces that the Committee of Planning and Development of Ports (ESAL) approved investments amounting to € 611.8 million, which...
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October 11, 2019
Combined soya bean exports from Brazil and the US are down 7.8% in the first eight months of this year, as the main Brazilian soya...
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October 11, 2019
BIMCO has developed a monitoring service for bunker prices, with data provided by MABUX, which is now available to all BIMCO members. (more…)
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October 11, 2019
At the European Union (EU) Economic and Financial Affairs Council (ECOFIN) meeting in Brussels this morning, it was announced that the Republic of the Marshall...
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October 10, 2019
EU climate commissioner-nominee Frans Timmermans plans to target shipping, aviation and road transport to cut EU CO2 emissions by 2030 more quickly than currently agreed,...
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