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
Eagle Bulk heading for best quarter of TCE
Eagle Bulk, one of the world’s largest owner-operators within the Supramax/Ultramax drybulk segment, reported financial…
July 27, 2020
Seanergy Announces Full Prepayment of Senior Credit Facility
Seanergy Maritime Holdings Corp. announced that it has come to an agreement with one of…
July 27, 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 27, 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 27, 2020
Teekay in the black for 2020
Teekay Corporation reported results for the fourth quarter and year ended December 31, 2020. These…
Shipping News
July 27, 2020
Baltic index hits over 1-month high on stronger
The Baltic Exchange’s main sea freight index touched its highest level since mid-January on Thursday,…
July 27, 2020
Shell expands LNG bunkering network with new vessel
Shell announced a significant milestone for its liquefied natural gas marine fuels business with the…
July 27, 2020
Rio Tinto chairman to stand down
Rio Tinto Chairman Simon Thompson has informed the Board that he will not seek re-election…
July 27, 2020
Saudi Arabia to Ship Gas to South Korea
Saudi Arabia plans to ship gas to South Korea where it will be used to…
July 27, 2020
Shipping Groups Tap Algorithms to Cut Carbon Emissions
Leading shipping group Maersk Tankers is investing tens of millions of dollars in digital technology…
Ports
July 27, 2020
U.S. West Coast Port Congestion Could Last Until
Major port and landside congestion at US west coast ports could last until the summer…
July 27, 2020
CMA CGM buys 50 percent of TTIA terminal
The CMA CGM Group, a world leader in shipping and logistics, announced today that its…
July 27, 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 27, 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 27, 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…
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