Landbridge places third VLCC with Navig8
UK-headquartered group has continued the summer growth of its pools.
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Baltic Index Eases on Weaker Capesize Rates
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, was weighed down on Monday by weaker demand for the capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supram…
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Maersk to Spend $2 Bln to Meet 2020 Sulphur Cap
Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. The Danish container carrier said it…
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POSH appoints Edward Chiu as CFO
YCH Group finance chief joins Singapore OSV owner.
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Ausca inks new Diana deal as BDI dips again
New York-listed bulker owner inks in another time charter at an improved rate.
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