Headlines – Page 354

Essar Ports Eyes Cargo Throughput of 60 Mn Tons in FY20

Essar Ports expects to meet its target of handling 60 million tons of cargo in FY 2020.

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Recovering freight rates saw a partial decrease in H1 2019, while bunker prices remained highly volatile.

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Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

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Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker market.

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Germany-based shipping company BBC Chartering has appointed Ulrich Ulrichs as a new CEO of the company.

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