Belgian owner says deal was done at market value as part of fleet rejuvenation
CMB.Tech sells suezmax tankers to controlling Saverys family for profit of $71m Read More »
‘Sanction the dark fleet out of existence,’ expert urges
Brokers caution that latest MSC container ship deal shows market price for regular ships is considerably lower
Grain-run route shifts to Australia, affecting earnings for panamaxes on shorter sailing time
Panamaxes move away from Brazil-China grain run due to limited exports caused by drought Read More »
The Baltic Exchange Sea Freight Index cooled its seven-day losing streak on Friday, bouncing back about 0.5%, and propelled primarily by larger sized vessels. Translation? “The ensuing performance of the Baltic Exchange Dry Index has, and should…
Ship Recycling Market Ready for Some New-Year Optimism Read More »