Tankers linger off Venezuela amid US sanctions worries
US charterers have been forced to divert or float tankers as they halt transactions with state energy major PDVSA
Tankers linger off Venezuela amid US sanctions worries Read More »
Bulker owners in no mood to celebrate Chinese New Year
Dry bulk rates hit near record lows on economic woes and lower Brazilian iron ore exports
Bulker owners in no mood to celebrate Chinese New Year Read More »
Ice-class tonnage is a lone bright spot in MR tanker trade
MR earnings on the Baltic-UK Continent route are showing strength as ice-class restrictions kick in, while oversupply plagues other trades
Ice-class tonnage is a lone bright spot in MR tanker trade Read More »
Brightoil confirms arrests of VLCCs and barges
Hong Kong-listed firm has been forced to halt much of its shipping operations as debt restructuring continues.
Brightoil confirms arrests of VLCCs and barges Read More »
Rising bunker costs hurt Cosco’s container and heavylift units
Cosco Shipping Holdings and Cosco Shipping Specialized Carriers both expect to report heavy falls in 2018 net results.
Rising bunker costs hurt Cosco’s container and heavylift units Read More »