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
Safe Bulkers remains in the black for fourth
Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results…
January 17, 2019
EuroDry sees profit drop
EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk…
January 17, 2019
Danaos falls into the red on impairment
Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the…
January 17, 2019
Golden Ocean: Strong Cash Flow Despite Softening Capesize
Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the…
January 17, 2019
Navios Maritime Holdings Extends Time Period Under Exchange
Navios Maritime Holdings Inc. announced that, in connection with its exchange offer and consent solicitation…
Shipping News
January 17, 2019
Stena Buys Japanese Ferry for RoPAX Rebuild
Stena RoRo has acquired a used ferry from Hankyu Ferry for the European market. The…
January 17, 2019
Suez Canal Extends Discounts for Bulk Carriers
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American…
January 17, 2019
Police Hit Drug Smuggling Gang on High Seas
Authorities seized more than three tonnes of cocaine and arrested 11 people off Portugal’s Atlantic…
January 17, 2019
Cyprus: Number of companies operating in shipping sector
Cyprus has witnessed a significant 21% increase in the number of companies operating in the…
January 17, 2019
China’s Cold Becomes Shipping’s Flu; Slower Demand Hits
Just as trucking spot rates are hitting two-year lows, ocean shippers are seeing rates hit…
Ports
January 17, 2019
DP World acquires P&O Ferries
DP World PLC has acquired the holding company of pan-European logistics business P&O Ferries, the…
January 17, 2019
Greece: Draft bill allowing for concessions of port
A draft bill will be tabled in Parliament on Thursday to allow the privatization of…
January 17, 2019
Port of Hamburg sets record for seaport-hinterland rail
Germany’s largest universal port can report a respectable result for 2018. Hamburg successfully asserted itself…
January 17, 2019
Russian Container Port Market Recovering, But Growth Slows
Latest container throughput results of Fitch-rated Russian ports indicate that the recovery of the Russian…
January 17, 2019
Port of Rotterdam: Container growth pushes throughput to
At 469.0 million tonnes, the port of Rotterdam’s total throughput volume ended up slightly higher…
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