Steady activity for the VLCCs this week and despite fierce attempts to shave rates owners have managed to add a couple of points for the major routes ex MEG.
Fearnleys Weekly Report (W25)
Finance & Economy
June 22, 2017
Euronav gains USD 18 mln upon redelivery of
Euronav announced that upon the redelivery of 4 VLCCs, which occurs at the maturity of…
June 22, 2017
GSL Provides Update on Recent Chartering, Refinancing Activity
Global Ship Lease provided an update on its recent chartering and refinancing activity. The Company…
June 22, 2017
Seanergy Provides Guidance on TCE, EBITDA
Seanergy Maritime Holdings Corp. updated its time charter equivalent guidance upwards for the fourth quarter…
June 22, 2017
Hyundai Samho IPO plan angers investors in parent
Minority shareholders of Korea Shipbuilding & Offshore Engineering (KSOE) are furious after the company reaffirmed…
June 22, 2017
Seadrill New Finance Emerges from Chapter 11
Seadrill Limited unit Seadrill New Finance (the Issuer) has emerged from chapter 11 after successfully…
Shipping News
June 22, 2017
Pirates Attack Bunker Tanker Off Ivory Coast -
A bunker tanker vessel was attacked by pirates in the Gulf of Guinea off the…
June 22, 2017
DP World set to record strong business growth
DP World, one of the world’s largest port operators, expects strong business growth in 2021…
June 22, 2017
Weaker demand for vessels drag Baltic index to
The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in a…
June 22, 2017
Svitzer AMEA extends contract with Suez Canal Authority
Svitzer, leading global towage provider and part of Maersk, is today announcing another extension of…
June 22, 2017
Maersk to tackle air pollution at ports with
Shipping group Maersk plans to install hundreds of offshore charging stations around the world to…
Ports
June 22, 2017
GPA tops 5.5M TEUs, 650K units in 2021
The Port of Savannah moved a record 5.6 million twenty-foot equivalent container units in Calendar…
June 22, 2017
Maersk to tackle air pollution at ports with
Shipping group Maersk plans to install hundreds of offshore charging stations around the world to…
June 22, 2017
Port of Los Angeles Reports Record 10.7 Million
Breaking its previous calendar year record by 13%, the Port of Los Angeles processed about…
June 22, 2017
Port of Long Beach Sets Annual Record With
The Port of Long Beach set a new record in 2021 by moving 9.38 million…
June 22, 2017
Shipping Congestion Growing at World’s Biggest Port
Ships looking to avoid Covid-induced delays in China are making a beeline for Shanghai, causing…
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