TPM closes doors over coronavirus fears
Increasing number of coronavirus infections in US and travel bans puts an end to major conference
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March 2020
Cosco Shipping Holdings taps ‘virus bonds’
Bonds carry a coupon rate of 1.82% and maturity of 180 days
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Tanker Market Prospects Difficult to Predict
The rumored OPEC’s further cut on oil production could arrive “too little too late” for the tanker market, says shipbroker Gibson, as a result of increasing production in other parts of the world, like for instance Norway and Brazil, not to mention the…
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Hi5? More like Lo5
The Hi5 (low sulphur fuel oil vs high sulphur fuel oil), also known as the scrubber spread, has long been on people’s radars since the International Maritime Organisation’s sulphur regulation became a legal certainty. There used to be wild predictions …
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Dry Bulk Market: Capesizes In Dire Straits For Yet Another Week
Capesize The Capesize market woes related to Coronavirus have now spread through the wider global markets like wildfire. The wider supply and demand and operational ramifications now seem painfully clear. With Capes already trolling the bottom of the m…
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