This week the IMO agreed short term measures to address climate change.
Gibson Weekly Tanker Market Report [W47]
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Finance & Economy
November 23, 2020
Seanergy Announces Additional $5 Million Buyback of Convertible
Seanergy announced an aggregate of $5 million in buyback and partial elimination of the outstanding…
November 23, 2020
Castor Announces $55 Million Debt Financing and New
Castor Maritime, a diversified global shipping company, announced the closing and drawdown of a $55.0…
November 23, 2020
Genting Hong Kong Looks to Liquidation as Funding
Troubled cruise operator Genting Hong Kong Ltd. warned it may seek court assistance to safeguard…
November 23, 2020
Danaos Announces Multi-Year Charters, Vessel Sales Worth $1
Danaos, one of the world’s largest independent owners of containerships, announced that it has entered…
November 23, 2020
After failed merger, Hyundai Heavy secures cash to
Hyundai Heavy Industries’ failed acquisition of its smaller rival Daewoo Shipbuilding & Marine Engineering may…
Shipping News
November 23, 2020
Gary Vogel, Chief Executive Officer of Eagle Bulk
Mr. Gary Vogel, Chief Executive Officer of Eagle Bulk Shipping Inc., has been named as…
November 23, 2020
Singapore fuel oil inventories fall 5% as net
Singapore residual fuel oil inventories fell 5% in the week to Jan. 19, slipping from…
November 23, 2020
Baltic index extends losing streak to tenth day
The Baltic Exchange’s dry bulk sea freight index fell for a tenth straight session on…
November 23, 2020
Crystal Cruises to Suspend Operations Through April
Crystal Cruises is suspending operations for its two ocean-going ships and one expedition ship through…
November 23, 2020
Weaker demand across vessels drag Baltic index to
The Baltic Exchange’s dry bulk sea freight index fell for a ninth straight session on…
Ports
November 23, 2020
Port of Los Angeles Reports Record 10.7 Million
Breaking its previous calendar year record by 13%, the Port of Los Angeles processed about…
November 23, 2020
Port of Long Beach Sets Annual Record With
The Port of Long Beach set a new record in 2021 by moving 9.38 million…
November 23, 2020
Shipping Congestion Growing at World’s Biggest Port
Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing…
November 23, 2020
SC Ports achieves record volumes in 2021
South Carolina Ports had its best calendar year in history in 2021 as the SC…
November 23, 2020
Iron Ore Exports Through Port Hedland Up By
Pilbara Ports Authority has delivered a total monthly throughput of 68.5 million tonnes (Mt) for…
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