The two deals come after CSSC Shipping forecast an 26% increase in net profits for 2020, mainly due to contributions…
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CSSC Shipping in leaseback deals with Tongli and Navig8 Read More »
An increase of seaborne crude oil exports from Canada could be the case in the future, after the latest setback regarding the Keystone XL pipeline project. In its latest weekly report, shipbroker Gibson said that “some major but unsurprising decisions …
Canadian Oil Exports Could Offer Support to the Tanker Market Read More »
Capesize The Capesize routes endured a week of slippage on rates, bringing the market back down to levels seen at the beginning of the month. Dropping -8,956 over the course of the week the Capesize 5TC settled at $15,675. The Atlantic Basin routes wer…
Dry Bulk Market: Capesize Market Endures Week of Losses Read More »
Amid the backdrop of low interest rates, ample liquidity, robust freight rates and supply chain bottlenecks, container shipping stocks are at their peak as the world tentatively edges its way out of COVID-19 and lost demand is recovered. The valuations…
Container shipping equities – Will newbuild orders act as a roadblock to higher returns? Read More »
Colin Freeman’s new book Between The Devil and the Deep Blue Sea chronicles a retired British Army colonel John Steed’s…
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The private mission to free forgotten hostages Read More »