With world oil demand having collapsed in the wake of the Covid-19 pandemic, major downwards pressure on oil production was always going to be inevitable.
Gibson Weekly Tanker Market Report [W28]
![Gibson Weekly Tanker Market Report [W44]](http://www.shippingherald.com/wp-content/uploads/2017/02/Gibson-150x150.jpg)
![Gibson Weekly Tanker Market Report [W41]](http://www.shippingherald.com/wp-content/uploads/2020/10/tanker_oil-150x150.jpg)
![Gibson Weekly Tanker Market Report [W32]](http://www.shippingherald.com/wp-content/uploads/2015/11/EA-Gibson-150x150.jpg)
Finance & Economy
July 13, 2020
Third of Hin Leong founder’s ships sold to
About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon…
July 13, 2020
2021 begins "significantly better than previous years" for
Pacific Basin, one of the world’s leading dry bulk shipping companies, announced the results of…
July 13, 2020
Teekay in the black for 2020
Teekay Corporation reported results for the fourth quarter and year ended December 31, 2020. These…
July 13, 2020
Euroseas Reports Fourth Quarter Profits
Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for…
July 13, 2020
StealthGas feeling positive for 2021
StealthGas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international…
Shipping News
July 13, 2020
Israel Blames Iran For Explosion on Israeli Ro-Ro
Israeli Prime Minister Benjamin Netanyahu blamed Iran on Monday for an explosion aboard an Israeli-owned…
July 13, 2020
Wallenius Wilhelmsen to Reactivate More Ships
Wallenius Wilhelmsen has reactivated three more vessels from cold lay-up. The ro/ro carrier laid up…
July 13, 2020
Sliding capesize rates drag Baltic index to near
The Baltic Exchange’s main sea freight index dipped to its lowest since mid-February on Monday…
July 13, 2020
Third of Hin Leong founder’s ships sold to
About one third of the roughly 150 ships owned by companies controlled by Singapore tycoon…
July 13, 2020
Baltic index dips on weaker capesize, panamax demand
The Baltic Exchange’s main sea freight index slipped on Thursday, as weaker capesize and panamax…
Ports
July 13, 2020
DP World starts operations of multipurpose terminal at
DP World has today begun operation of the Multipurpose Terminal (MPT) at the Port of…
July 13, 2020
Port of L.A. Will Divert Cargo Ships to
The Port of Los Angeles plans to divert cargo ships to other destinations because of…
July 13, 2020
Belgium’s Antwerp and Zeebrugge Seaports Agree to Merge
The ports of Antwerp and Zeebrugge will merge and operate under the name ‘Port of…
July 13, 2020
RSGT: Public Investment Fund, Cosco Becoming Shareholders
The Founding Shareholders of Red Sea Gateway Terminal Limited (RSGT), a privately-owned independent terminal operating…
July 13, 2020
Big powers vie for Greece’s ports
Russia’s state-of-the art frigate Admiral Kasatonov sailed into the port of Piraeus last week along…
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