Capesize spot rates slide 20% in a day as iron ore trade weakens
Further economic stimulus from Chines government should boost rates, analyst says
Capesize spot rates slide 20% in a day as iron ore trade weakens Read More »
Insight
Grading Scorpio’s sister act: how did related-party share deal perform?
Scorpio Bulkers bought $100m in Scorpio Tankers’ shares in 2018, but it was successor company Eneti that cleaned up. Our Streetwise finance newsletter explores
Grading Scorpio’s sister act: how did related-party share deal perform? Read More »
Undiversified shipowners ‘programmed to go bankrupt’, SFL chief executive says
US-listed tonnage provider does business in different segments to avoid making hasty acquisitions when banks are eager to lend money, Ole Hjertaker says
Undiversified shipowners ‘programmed to go bankrupt’, SFL chief executive says Read More »
New refineries and rising demand to boost product tankers, BRS says
French shipbroker says refinery throughput is set to rise by more than 1m barrels per day in the coming months
New refineries and rising demand to boost product tankers, BRS says Read More »
Longest break in VLCC orders for quarter of a century amid market blues and fuel uncertainty
Bookings have ground to a halt due to fuel uncertainty, low earnings and soaring steel prices