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MR Panama Canal Congestion: The congestion in the Panama Canal remained significant for MR, which had a positive impact on USG rates

Sentiment for crude oil freight rates deteriorated in November, which was particularly evident in the weaker trend towards the end of the month. However, there was a glimmer of optimism in the Very Large Crude Carrier (VLCC) segment, supported by a dow…

MR Panama Canal Congestion: The congestion in the Panama Canal remained significant for MR, which had a positive impact on USG rates Read More »

Dry Bulk Market: China’s Support of the Economy Is Adding Momentum in the Shipping Market as Well

The dry bulk market has risen to its highest level in 18 months, with many market delegates stating that China’s efforts to rejuvenate the country’s economy and more specifically its real estate sector, is providing an important boost to the dry bulk m…

Dry Bulk Market: China’s Support of the Economy Is Adding Momentum in the Shipping Market as Well Read More »