Evercore drops Capital Product, Diana Shipping and Safe Bulkers
Eight banks in total have either cut or reduced their coverage of shipping stocks during 2019.
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December 2019
Euronav’s IMO 2020 fuel storage bet pays off with $52m profit
Value of compliant fuel on Belgian owner’s ULCC growing while off Malaysia
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LR Awards Wärtsilä Cyber Certification
Lloyd’s Register (LR) has awarded Wärtsilä system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR’s ShipRight SAFE AL2 certification, which is with Wärtsilä’s Data Collection…
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Shipping Confidence at 18-month High
Confidence in the shipping industry rose in the last quarter to its highest level for 18 months, according to the latest Shipping Confidence Survey from leading shipping adviser and accountant BDO.The average confidence level expressed by respondents t…
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Baltic Index Continues to Sink
The Baltic Exchange’s main sea freight index slid for a 12th straight session on Thursday, hitting a six-month low, as reduced seasonal demand dragged down vessel rates across segments.* The Baltic index, which tracks rates for capesize, panamax and su…
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