Latest tanker sales serve up more juicy profits for Toro Corp
Petros Panagiotidis-led shipowner continues to offload tonnage in the face of strong markets
Latest tanker sales serve up more juicy profits for Toro Corp Read More »
September 2023
More juicy profits for Toro Corp from latest tanker sales
Petros Panagiotidis-led shipowner continues to offload tonnage in the face of strong markets
More juicy profits for Toro Corp from latest tanker sales Read More »
South Korean private equity firm poised to take over Polaris Shipping
HMM and KOBC participating in the acquisition of VLOC company as financial investors
South Korean private equity firm poised to take over Polaris Shipping Read More »
Newbuilding Activity Settles Down
Newbuilding ordering activity was on the downside this past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the quietest week so far in September for new order contracting, with just 16 firm orders rumored this week – just o…
Newbuilding Activity Settles Down Read More »
Brazilian iron ore export volumes increased in August, leading to a boost in Capesize tonne days
In the third week of September, freight rates in the various ship categories increased significantly, indicating a robust upward trend. At the same time, there is a noticeable optimism in Chinese economic activity, supported by a number of strategic st…