Tanker stocks continue to follow rising rates
Tanker stocks continue to follow rising rates Read More »
October 2019
Dry Bulk Market: Chinese Iron Imports a Bright Sign
Despite the trade wars and the contraction of the Chinese economy’s growth rate, dry bulk owners could rejoice in the knowledge that the dry bulk market remains largely unaffected. In a recent monthly report, shipbroker Banchero Costa noted that …
Dry Bulk Market: Chinese Iron Imports a Bright Sign Read More »
“2020 still dominates dry bulk shipping’s challenges”
NTERCARGO held its Annual General Meeting, Executive and Technical Committees’ meetings in Athens on 3 and 4 October 2019, along with a well-attended dinner reception on for Members and guests. INTERCARGO re-iterated its commitment to a safe, efficient…
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New Risks Heap More Pressure On Beleaguered Container Market
The mood-music surrounding the container market has deteriorated further in the last three months, resulting in Drewry downgrading its outlook for world container port throughput for the current year and the rest of the five-year horizon in the Contain…
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Occidental Tentatively Fixes VLCC for Record $13.25 mln to Asia
Occidental Petroleum Corp provisionally chartered a supertanker to ship U.S. crude to South Korea for a new record of $13.25 million in November, three shipping sources familiar with the matter said on Monday.The Very Large Crude Carrier (VLCC)…
Occidental Tentatively Fixes VLCC for Record $13.25 mln to Asia Read More »