News by topic – Page 354

ZIM Returns to Black in 2nd Quarter

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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The rule would apply to all Indonesian-flagged vessels starting January 1, 2020, both for domestic and foreign shipping.

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