Korea Ocean Business Corp backs 10 owners
State-backed entity to initially buy and leaseback 10 vessels worth a total of $66.2m.
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July 2018
Tankers: Will Canada Impact the Market
With the crude tanker market facing oversupply issues, could a respite come from Canada? In its latest weekly report, shipbroker Gibson said that “the Federal Government in Ottawa very much has it’s back against the wall in trying to establish viable l…
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Dry Bulk Market: Capesize Index Reached Year-High Prior to Correction
Capesize After the BCI timecharter average went over $26,000 mid-week, the highest level this year, the market then went into a correction. In Asia, the West Australia/China route peaked at $10.30 for an early position cargo from Port Hedland to Qingda…
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Hybrid Power Choices on the Increase for Maritime
The American Bureau of Shipping (ABS) is an industry leader in providing guidance for the safer development and deployment of hybrid power and supports its adoption with a strategy that focusses on the three areas of use covering storage, distribution,…
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Readers’ Picks of the Week (July 23 – 27, 2018)
Here are the most read articles from the previous week.
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