Lila Global pivots back to tankers as VLCC and two MR2s sail into its fleet
Owner wants to buy more, but says geopolitical events are pushing up prices
Lila Global pivots back to tankers as VLCC and two MR2s sail into its fleet Read More »
July 2025
Nanjing Tanker predicts drop of 55% in first-half 2025 net profit
A slump of 49.36% in freight rates was main driver behind profit decline
Nanjing Tanker predicts drop of 55% in first-half 2025 net profit Read More »
Nanjing Tanker predicts fall of 55% in 2025 first half net profit
A slump of 49.36% in freight rates was main cause of profit fall
Nanjing Tanker predicts fall of 55% in 2025 first half net profit Read More »
Capesizes pulling away from sub-cape bulkers as outlooks hit a fork in the road
The only way is up for larger bulkers, but earnings for smaller sizes are still under pressure
Capesizes pulling away from sub-cape bulkers as outlooks hit a fork in the road Read More »
Great Lakes Iron Ore Trade Down in June
Shipments of iron ore on the Great Lakes totaled 4.9 million tons in June, a decrease of 9.6% from 2024. Shipments were 1.2% below the month’s five-year average.Year-to-date the iron ore trade stands at 16.6 million tons, a decrease of 16.1% compared t…
Great Lakes Iron Ore Trade Down in June Read More »