After selling its entire bulker fleet to another Angeliki Frangou-led outfit, New York-listed company’s main business is centred around its Uruguay terminal complex
Navios Maritime Holdings’ new focus: growing its South American logistics business Read More »
Ability to buy tonnage made even more difficult as restrictions on letters of credit are lowered to a mere $3m
Bangladesh’s recyclers struggle to buy as central bank tightens screws on credit Read More »
Bunker prices would stay high and VLCCs could butt into other trades, but the recovery is underway, French shipbroker says
BRS says tanker improvement here to stay, but VLCCs and bunkers could be speedbumps Read More »
Summertime sadness for depressed bulker markets has caused the key indicator to dip to its lowest level in five months
Baltic Dry Index dips below 2,000 for the first time in five months Read More »
MR rates have fallen from multi-year highs, while LR2 utilisation shoots up
Long-haul demand to help LR2s ‘take the spotlight’ from MRs, Vortexa says Read More »