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
DHT narrows losses in third quarter
DHT Holdings announced its results for the quarter ended September 30, 2019: Related PostsFearnleys Weekly…
January 17, 2019
Costamare profit jumps in third quarter
Costamare reported unaudited financial results for the third quarter and nine-months ended September 30, 2019.…
January 17, 2019
Scorpio Bulkers declares special stock dividend
Scorpio Bulkers reported its results for the three months ended September 30, 2019. The Company…
January 17, 2019
Bahri profit up in the third quarter
Bahri saw its earnings increase in the third quarter ended September 30, 2019. Specifically, net…
January 17, 2019
Navios Acquisition Announces Repayment of its Term Loan
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced the repayment of…
Shipping News
January 17, 2019
Waning demand across vessels drags Baltic index to
The Baltic Exchange’s main sea freight index fell for a ninth straight session on Wednesday…
January 17, 2019
Shippers Shine Torch in Every Corner as Pressure
From higher-quality paint to state-of-the-art propellers: shipping companies are looking in every corner to reduce…
January 17, 2019
Carnival, Royal Caribbean & Government of St. Lucia
Carnival Corporation & plc and Royal Caribbean Cruises Ltd. announced the signing of a memorandum…
January 17, 2019
Baltic index falls for eighth straight session
The Baltic Exchange’s main sea freight index fell for the eighth session in a row…
January 17, 2019
China Dominates in Oil Tanker Market as Refiners
China’s demand for crude oil shows no signs of abating. There are currently more supertankers…
Ports
January 17, 2019
DP World Reports 1.1% Gross Like-For-Like Volume Growth
DP World PLC handled 17.7 million TEU (twenty-foot equivalent units) across its global portfolio of…
January 17, 2019
Long Beach Breaks September Cargo Record
The docks were busy last month in Long Beach, lifting the Port to the best…
January 17, 2019
Port of Antwerp strong as containers and dry
The total freight volume handled by Port of Antwerp rose from January through September 2019…
January 17, 2019
"Green light" for 611.8 milllion euro investments at
The Piraeus Port Authority (PPA S.A.) announces that the Committee of Planning and Development of…
January 17, 2019
Ports across England given £10 million to prepare
Sixteen ports across England will receive a share of a multimillion-pound funding pot to help…
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