The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, pulled down by lower panamax rates, which offset gains by stronger demand for capesize vessels.The overall index, which factors in r…
Baltic Index Inches Down on Weaker Panamax Demand Read More »
A vessel that arrived in Bangladesh in April to offload its maiden cargo of liquefied natural gas and moor permanently as an import terminal should begin operations “within a week” after bad weather hampered its start-up, an official said on…
Bad Weather Stalls Bangladesh FSRU Hook Up Read More »
In its interim report for the first half of 2018, engine maker DEUTZ AG reports that in the first half new orders surged nearly 37 percent to €1.096 billion. Unit sales in the first half of 2018 came to 105,201, which included 6,345 electric motors sol…
Powered by China, Deutz Earnings Surge 37% Read More »
Angeliki Frangou does not rule out retrofits but says it will pay to wait before making a decision
Related StoriesBulker write-off linked to fertiliser cargoLNG orderbook worth $22bnEurope set to import more US soya…
Navios in no rush for scrubbers as dry market heats up Read More »
Oil prices fell for a third day on Thursday, following a surprise increase in U.S. crude inventories that added to existing concern about the rapid rise in global crude supply.Saudi Arabia, Russia, Kuwait and the United Arab Emirates have increased pro…
Rising Supply Dents Oil Gains Read More »