China is set to sign a deal that will see $400 billion invested in Iran over a 25-year period.
Gibson Weekly Tanker Market Report [W30]
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Finance & Economy
July 27, 2020
NORDEN raises expectations for full-year result
Due to a very strong performance in the Dry Operator business unit, NORDEN raises its…
July 27, 2020
TEN Reports Record Profits For The Second Quarter
TEN, Ltd reported results (unaudited) for the quarter and six months ended June 30, 2020.…
July 27, 2020
International Lenders Back $9.5 Billion Financing for Russia’s
International lenders have lined up about $9.5 billion in financial support for a Russian Arctic…
July 27, 2020
Maersk to cut jobs in major reorganisation -
Maersk will cut jobs in a major shake-up that will affect a third of the…
July 27, 2020
Sovcomflot Targets At Least $500 Million in IPO
Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on…
Shipping News
July 27, 2020
Baltic index soars to over 2-month high as
The Baltic Exchange’s main sea freight index jumped to over two-month high on Thursday as…
July 27, 2020
Wärtsilä ranked first in UN challenge to fight
The technology group Wärtsilä has been awarded first prize in the United Nations’ AIS Big…
July 27, 2020
U.S. Home Shopping Boom Buoys Shipping Lines Half
An online home shopping boom in the U.S. has sent transpacific sea freight rates to…
July 27, 2020
US-China trade war reinforces change in Asia’s manufacturing
The peak season for containerised exports from Asia to the US is now underway with…
July 27, 2020
CMA CGM Group: Signing of a MoU for
Jean-Paul Dubreuil, Chairman of Groupe DUBREUIL Aéro, and Rodolphe Saadé, Chairman and Chief Executive Officer…
Ports
July 27, 2020
Port of Antwerp takes step towards methanol, hydrogen
Belgium’s Port of Antwerp has ordered the construction of a methanol-powered tug boat and a…
July 27, 2020
Port of Antwerp: Container throughput down 5.1% in
The total throughput of Port of Antwerp decreased by 5.1% in 2020 compared with the…
July 27, 2020
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 27, 2020
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 27, 2020
Offshore oil wells, ports shut as Hurricane Sally
Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew…
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