After a slow start to the week an injection of activity mid-week has seen VLCC rate nudge up slightly, although for modern ships only.
Fearnleys Weekly Report [w3]
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Finance & Economy
January 17, 2019
Scorpio Bulkers reports strong second-quarter results
Scorpio Bulkers Inc. reported its results for the three months ended June 30, 2019. The…
January 17, 2019
TOP Ships Clinches Loan for One MR2 Vessel
TOP Ships has reportedly concluded a financing agreement with an undisclosed Chinese financier to refinance…
January 17, 2019
Odfjell sells its ownership share of terminal in
Reference is made to the stock exchange announcement of May 8th, 2018, in which Odfjell…
January 17, 2019
Cargill: Uncertain global business environment slows earnings
Cargill reported results for the fiscal 2019 fourth quarter and full year ended May 31,…
January 17, 2019
Navios Containers Appoints Erifili Tsironi as Chief Financial
Navios Containers, a growth vehicle dedicated to the container sector of the maritime industry, announced…
Shipping News
January 17, 2019
Diana: Continuation of Time Charter Contract for m/v
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced…
January 17, 2019
Iran’s Tanker Seizure Sparks Questions Over Owners and
Escalating tensions in the Middle East’s biggest shipping chokepoint is raising speculation over who is…
January 17, 2019
Britain Calls for European Naval Mission to Counter
Britain called on Monday for a European-led naval mission to ensure safe shipping through the…
January 17, 2019
Baltic index rises to over five-year high
The Baltic Exchange’s main sea freight index climbed to its highest since December 2013 on…
January 17, 2019
Trump Says He'll Work With U.K. on Response
President Donald Trump said he will work with the U.K. government on a response to…
Ports
January 17, 2019
Millions of Barrels of Iranian Oil Are Piled
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports,…
January 17, 2019
More Chinese ports place import curbs on seaborne
Ports in Guangxi in southern China and Jingtang port have halted custom declarations for all…
January 17, 2019
Greek government to 'green light' Cosco investments at
The Cosco-managed Piraeus Port Authority (PPA), the largest and busiest port facility in Greece and…
January 17, 2019
Australia’s Port Hedland iron ore shipments to China
Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for…
January 17, 2019
June Imports Down at Top U.S. Hub for
The Los Angeles and Long Beach port complex, the nation’s busiest and the No. 1…
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