MPA also initiated a declaration by the group of 20 Port Authorities Roundtable calling for them to collaborate and share…
Related StoriesVLCC charter breaks $300,000 a day on Egyptian hireGreek ferry operators ap…
Most ships calling Singapore in Q1 used compliant fuel Read More »
The Egyptian General Petroleum Corporation takes the Trafigura-operated VLCC for a near-record level, while average charter rates fall
Related StoriesMost ships calling Singapore in Q1 used compliant fuelGreek ferry…
VLCC charter breaks $300,000 a day on Egyptian hire Read More »
It’s not only VLCCs crude oil tankers benefiting from the oil market disruptions. Product tankers are also among the beneficiaries of the current market situation. In its latest weekly report, shipbroker Gibson said that “globally the products tanker m…
Product Tankers Among the “Winners” Of Today’s Market Read More »
Capesize The tide turned this week for the Capesize market, as voyage rates registered dramatically falling fuel costs. This was led primarily by weakness in the energy market, as the global supply of oil continues to mount. US suppliers are finding st…
Dry Bulk Market: Capesizes See Strong Demand in the Brazil to China Routes Read More »
China’s demand for soybean is forecast to grow in 2020 by 7.8% y-o-y, signalling a positive outlook for the dry commodity as well as for the bulk carriers that transport it. In the midst of a universal turmoil with the coronavirus having jolted several…
Chinese demand for soybean remains robust Read More »