Undoubtedly, the OPEC led production cuts are having negative implications for crude tankers, particularly VLCCs.
Gibson Weekly Tanker Market Report
![Gibson Weekly Tanker Market Report [W18]](http://www.shippingherald.com/wp-content/uploads/2017/02/Gibson-150x150.jpg)
Finance & Economy
July 25, 2017
Maersk to cut jobs in major reorganisation -
Maersk will cut jobs in a major shake-up that will affect a third of the…
July 25, 2017
Sovcomflot Targets At Least $500 Million in IPO
Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on…
July 25, 2017
Carnival Quarterly Loss Nears $3 billion
Carnival Corp said on Tuesday it expects to post a loss of $2.9 billion in…
July 25, 2017
Exmar posts improved results
The board of directors of EXMAR has approved the accounts for the period ending 30…
July 25, 2017
Eagle Bulk Announces Reverse Stock Split
Eagle Bulk, one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment,…
Shipping News
July 25, 2017
U.S. Watching Ocean Carriers for Competition Violations
US ocean regulator the Federal Maritime Commission (FMC) has fired a warning shot across the…
July 25, 2017
Baltic index gains on higher demand across vessel
The Baltic Exchange’s main sea freight index rose on Thursday, buoyed by stronger rates across…
July 25, 2017
US watches Iranian fuel cargoes to Venezuela, keeps
US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and…
July 25, 2017
Trans-Pacific short vs long contract freight rate gap
As the year 2020 continues to deliver positive surprises for the container shipping sector, the…
July 25, 2017
Carnival Cruise Line Announces Modifications To Fleet And
Carnival Cruise Line announced the sale of Carnival Fascination and Carnival Imagination, which had previously…
Ports
July 25, 2017
East Coast Ports Get More Shipping Volumes as
The trade rift with China and a boost in e-commerce are changing the way cargo…
July 25, 2017
DP World and Israeli group to jointly bid
Dubai’s DP World is partnering with an Israeli group to bid for one of Israel’s…
July 25, 2017
Offshore oil wells, ports shut as Hurricane Sally
Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew…
July 25, 2017
Jebel Ali Port Welcomes Mega Container Ship Hmm
Global trade enabler DP World’s flagship Jebel Ali Port welcomed HMM GDANSK, one of the…
July 25, 2017
DP World, CDPQ Expand Global Investment Platform
DP World, a global infrastructure-led supply chain solutions provider, and Caisse de dépôt et placement…
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