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]
![Fearnleys Weekly Report [w06]](http://www.shippingherald.com/wp-content/uploads/2015/12/fearnleys-150x150.png)
Finance & Economy
January 17, 2019
Damen suffers 2018 loss
Damen Shipyards Group posted a net loss of EUR 17 million (USD 19.1 million) in…
January 17, 2019
d’Amico Gets USD 48 Million from Equity Issue
d’Amico International Shipping (DIS) revealed that around 97.3 percent of its preferential subscription rights were…
January 17, 2019
Diana Shipping Commences Self Tender Offer to Purchase
Diana Shipping announced the commencement of a tender offer to purchase up to 3,125,000 shares,…
January 17, 2019
Nord/LB Completes Sale of EUR 2.6 Bln Shipping
Nord/LB has completed the sale of a EUR 2.6 billion shipping loan portfolio. An affiliate…
January 17, 2019
Golden Ocean Invests in Dry Bulk Operator Singapore
Golden Ocean Group Limited announced that it has acquired a 15% ownership interest in Singapore…
Shipping News
January 17, 2019
Multi-Purpose and Heavy Lift Sectors Face Headwinds on
The multipurpose vessel (MPV) and heavylift shipping sector is set for 3.8% growth this year,…
January 17, 2019
ABS Teams with Industry Leaders to Improve Container
ABS and leaders representing the Cargo Incident Notification System (CINS) are teaming up to develop…
January 17, 2019
New orders by Greeks ease in Q1
Greek owners placed 2.24 billion USD worth of new orders in the first quarter of…
January 17, 2019
Scrubber uptake, orders nearly double in six months
The number of ships in operation or on order with scrubbers fitted has nearly doubled…
January 17, 2019
Greece: Ferryboats to stay tied up at port
The PNO union of Greek dockworkers on Tuesday announced a 24-hour strike for Labor Day,…
Ports
January 17, 2019
Piraeus port lifts economic gloom, shines into future
As Greece exited its eight-year bailout last summer, the Piraeus port shined with rising throughput…
January 17, 2019
Port of Piraeus climbs to 32nd place globally
The port of Piraeus moved up six positions on the global list for 2018 in…
January 17, 2019
Iceland Builds Arctic Port as Global Shipping Routes
As global warming creates shipping routes that can cut across the northern tip of the…
January 17, 2019
Los Angeles / Long Beach: Congestion easing, but
Truck turn times, container dwell times and chassis availability are steadily improving in the ports…
January 17, 2019
Nigeria to Build Seaports to Ease Gridlock on
Nigeria is building a new deep-sea port and considering two additional facilities to ease congestion…
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