HuaXia Financial Leasing enters shipping with deals for up to a dozen bulkers
Chinese leasing house has approached two shipyards to build ultramaxes
HuaXia Financial Leasing enters shipping with deals for up to a dozen bulkers Read More »
December 2021
Crude Tankers To Benefit from Latin American Oil Export Market
The Latin American crude oil market is expected to benefit the tanker market moving forward. In its latest weekly report, shipbroker Gibson said that “Latin America has historically been home to both a large population and large refining base. However,…
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Dry Bulk Market: Capesize Class is Gradually Recovering
Capesize Both the overall index and timecharter average (5TC) gradually recovered back to the level last seen at the end of October, with BCI and 5TC posting at 4594 and $38,096 by the end of the week. Tonnage appeared tight in both basins. In the Atla…
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Reefer container freight rates to accelerate in 2022
Reefer container freight rates are forecast to accelerate through 2022, outpacing earlier estimates as well as expectations for dry container freight rates, as reefer traffic recovers from a flat 2020 and container vessel slots remain scarce amid tight…
Reefer container freight rates to accelerate in 2022 Read More »
Brazil files charges concluding Greek-flag tanker was to blame for oil spill
Federal Police end investigation of oil spill that affected 11 states along nation’s coast
Brazil files charges concluding Greek-flag tanker was to blame for oil spill Read More »