Bunkers push CMA CGM to first quarter loss
Third largest boxship operator implements at least 7% increase in container rates for ’emergency’ bunker recovery.
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Maritime News
Clarksons values Greek fleet at $105bn
An $80bn plus investment in newbuildings coupled with huge S&P activity has seen near doubling of nation’s fleet since financial crisis, says Steve Gordon.
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Overwhelming Tanker Orderbook Is Pushing Some Owners To Retire Ships Well Below 20 Years of Age
In its latest weekly report, shipbroker Allied Shipbroking said that “one thing that can be said with certainty is that 2018 is all but what can be described as a stellar year for the tanker market, given the turmoil it has faced during these past five…
Hellas: Shipping Industry’s Loan Exposure Falls by 5.62% to $54 billion Says Petrofin Bank Research
Petrofin Bank Research presents, for the 17th year running, an overview and an in-depth analysis of the bank loan portfolios to Greek shipping, as of 31st December 2017. Petrofin wish to thank all participating banks for their steadfast support, withou…
Olefin trade not helping LPG shipowners
The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry. Th…
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