OOCL reports strong transpacific growth
But Hong Kong liner firm unable to increase overall average revenue per teu compared to 2017.
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October 2018
Tankers: New refining capacity in India to trigger crude demand
India is gearing up to be one of the major markets for crude oil demand, together with China. In its latest weekly report, shipbroker Gibson noted that “India, along with China has long been revered as a key driver of world oil demand growth. However, …
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Dry Bulk Market: Week Ends on A High Note
Capesize A market of two halves for most of the week with rates in the Atlantic firming and easing in the East for most of the week, but then, West Australia/China staged a recovery, with a rumour $9.00 was done as well as $8.90, up from $8.40, fixed 2…
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IMO: Implementation of sulphur 2020 limit – carriage ban adopted
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by the International Maritime Organization (IMO) on Friday (26 October), during the current session of the Marine Environment Prot…
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Readers’ Picks of the Week (October 22 – 26, 2018)
Here are the most popular news from last week.
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