NEWS category – Page 243

Higher Charter Rates Help Safe Bulkers Remain Profitable

Safe Bulkers wrapped up the third quarter of 2019 with a profit, driven by an increase in charter rates.

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The underlying strength of the US economy gives confidence in the longer-term prospects for the Transpacific.

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Salvage operations are being complicated by adverse weather caused by Cyclone Kyarr.

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The Ocean Cleanup aims to tackle the 1,000 most polluting rivers before the end of 2025.

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For the third quarter of 2019, total volumes and revenues were up by 4.1% and 5.8% respectively.

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