The number of ships waiting to berth at Brazilian ports to load soybeans and its byproducts is currently almost 60 percent larger than in the same period last year, according to data from shipping agency Williams compiled by Reuters.At the same time…
Number of Ships Waiting to Load Soy in Brazil Jumps 60% Read More »
Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks to draw a line under sour investments in the sector and to start a fresh push in transport lending, people close to the matter said.Germany’s flagship lender has…
Deutsche Bank Sells $1 Bln Non-performing Ship Loan Portfolio Read More »
FUELTRAX will host a free one-day electronic fuel monitoring solution (EFMS) symposium in Lagos, Nigeria on June 28, to demonstrate the impact of FUELTRAX technology in the West Africa Region.Representatives from FUELTRAX will inform how the…
FUELTRAX Plans EFMS Event in Nigeria Read More »
Offering timed ahead of the pending IPO by GoodBulk could be the largest equity sale by a shipping company in…
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Genco in $141m buying spree for four bulkers Read More »
The Indian Coast Guard said it has rescued all 22 crew members from a containership that caught fire around midnight in the Bay of Bengal.Coast Guard vessels arrived on scene Thursday morning and rescued all crew and the captain from Indian flagged SSL…
22 Rescued from Containership Ablaze in the Bay of Bengal Read More »