Highrich Logistics handy sells for a bargain price
Low auction price for Highrich Logistics’s Long Bright is due to protracted spell in lay-up.
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April 2019
Coal to gas switch — another bitter pill for dry bulk owners
In addition to iron ore trade contracting in 2019, Stifel expects thermal coal trade, which makes up about 19% of…
Related StoriesBox shipping would remain competitive with further consolidationChinese rival chall…
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China Merchants Port sees Chinese business ‘squeezed’
Global container trade slowed while Beijing stepped up efforts to reduce port charges from the second half of last year…
Related StoriesJapanese lines turn towards offshore in 2019DSV agrees to buy Panalpina for $…
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Wintermar Offshore Marine ends the year in the red
Indonesian offshore vessel operator said 2018 was challenging year, despite good start.
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K Line Gets USD 406 Mln Loan
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has decided to raise JPY 45 billion (USD 406 million) through a new subordinate loan.According to a stock exchange annoucement, the loan proceeds will be used for the repayment of interest…
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