Appetite for UAE global port operator DP World’s $9bn loan financing is expected to weaken due to market turmoil caused by the coronavirus, bankers said.The loan was fully underwritten by Citigroup and Deutsche Bank, and went out to a wider…
Reduced Appetite Expected for DP World’s $9bn Loan Read More »
The key Brazilian farm town of Canara has issued a decree aimed at curbing the spread of coronavirus that could disrupt grain export logistics and the operations of global agriculture commodities traders, according to a municipal order.The order…
Brazilian Farm Town Bars Shipments, Affecting Global Traders Read More »
Pirates attempt to board Stena Important at Doula Anchorage, Cameroon.
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Stena Important Thwarts Pirate Attack Read More »
Trading worldwide without electronic tools is no longer an option, young navigators and crew are switched on to digital technology and they want to have this new technology at their fingertips rather than the messy, slow and labour and paper-intensive …
E-Navigation is the Future of Shipping Read More »
The Baltic Exchange’s main sea freight index fell on Tuesday, recording its steepest fall in over a month on lower rates across all vessel segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk comm…
Baltic Index Down on Dim Vessel Demand Read More »