SITC orders six containerships at Yangzijiang for $126m
The six 1,800 teu vessels will be built at yards of Yangzijiang Shipbuilding and will expand SITC’s self-owned vessel fleet…
SITC orders six containerships at Yangzijiang for $126m Read More »
August 2020
Cosco earnings meet analysts’ expectation as box shipping rates remain sizzling
Leading Chinese investment bank CICC expects the state-owned giant to continue to benefit from strong rates even after the traditional…
Related StoriesCosco earnings meet analysts’ expectation as box shippi…
Cosco earnings meet analysts’ expectation as box shipping rates remain sizzling Read More »
Cosco earnings meet analysts’ expectation as box shipping rates remain sizzling hot
Leading Chinese investment bank CICC expects the state-owned giant to continue to benefit from strong rates even after the traditional…
Related StoriesShipping firms told to restructure ownership to avoid US-Hong …
Cosco earnings meet analysts’ expectation as box shipping rates remain sizzling hot Read More »
Refinery Rationalisation Shaping Up Future Tanker Demand
Shifts in refinery usage around the globe, is expected to make waves in the product tanker market. In its latest weekly report, shipbroker Gibson said that “refinery rationalisation is back on the agenda. With a prolonged weakness in refinery margins d…
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Dry Bulk Market: Capesize Segment Ends Week in a Bang
Capesize The week ended with a flurry of Brazil fixing which is now hovering in the low $18’s – approximately a dollar up on last week. Vale were rumoured to have been active, taking possibly three vessels over 203,000 dwt, in the $17.50/17.65 region. …
Dry Bulk Market: Capesize Segment Ends Week in a Bang Read More »