2018 has been a horrible year for product tanker owners, with sale and leasebacks being necessary for many to provide a financial bridge to better times.
Gibson Weekly Tanker Market Report [W32]
![Gibson Weekly Tanker Market Report [w11]](http://www.shippingherald.com/wp-content/uploads/2017/02/Gibson-150x150.jpg)
Finance & Economy
August 14, 2018
Trump 'signs off' on deal to pause US-China
Asian stock markets rose on Friday as the US and China moved toward striking a…
August 14, 2018
Diana Shipping Announces Preliminary Results of Self Tender
Diana Shipping announced the preliminary results of its tender offer to purchase up to 2,739,726…
August 14, 2018
Globus posts increased profit in third quarter
Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial…
August 14, 2018
Global Ship Lease Announces Results of Annual Mandatory
Global Ship Lease announced the results of the cash tender offer to purchase up to…
August 14, 2018
Euroseas Announces 1-for-8 Reverse Stock Split
Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for…
Shipping News
August 14, 2018
Trump 'signs off' on deal to pause US-China
Asian stock markets rose on Friday as the US and China moved toward striking a…
August 14, 2018
Baltic index hits 2-week low
The Baltic Exchange’s main sea freight index fell for a seventh-straight session and hit an…
August 14, 2018
OSG Extends Charters for American Shipping Company Vessels
Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American…
August 14, 2018
Fuel-Trading Routes Revamped as IMO 2020 Dynamics Take
Shippers have fewer than three weeks until new rules kick in forcing them to burn…
August 14, 2018
Scrubber Queue Grows Ahead of IMO 2020 -
Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global…
Ports
August 14, 2018
Khalifa Port Plans $1 Billion Expansion
The capacity of Abu Dhabi’s Khalifa Port will increase by 50% by the end of…
August 14, 2018
Piraeus the driving force of Sino-Greek cooperation -
Greece will enhance bilateral cooperation with China in many sectors, including shipping, with Piraeus Port…
August 14, 2018
Georgia Ports Authority set to exceed 4.6M TEUs
The Georgia Ports Authority is on track to exceed 4.6 million twenty-foot equivalent container units…
August 14, 2018
Qingdao Port Buys Stake in Cosco Abu Dhabi
China-based Qingdao Port International Development has agreed to purchase a 33% stake in COSCO Shipping…
August 14, 2018
Gothenburg in Nordic port cooperation for sustainable transport
The Port of Gothenburg has joined a collaboration with ten other Nordic ports. In a…
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