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 Safety4Sea in an article, reports that China's coastal terminals have turned busy again.   Large vessels, heavy cranes and container trucks have started their operation.  This sounds encouraging for the rest of the world which is battling with coronavirus.  Chinese...
 According to an article published in Quote Data, Tufton Oceanic Assets Limited (SHIP) has announced that it has acquired a Handysize Bulk Carrier for US$7.0m. Increase in fleet strength This acquisition takes SHIP’s fleet to sixteen vessels, leaving it with approximately...
 Prices to become normal if OPEC+ members announce early production cuts.  A plus is escalation of military activity in the Middle East.  The real plus would be if U.S. producers announce output cuts.   This news could trigger a...
The Baltic Briefing has released a report about the dry bulk market for the 36th week of shipping activities of this year. The report dated 04th September highlights the plight of the dry bulk market at the on-sight of...
the ship repairing sector is massively hit by the coronavirus outbreak as Chinese yards have become standstill The surrounding areas of China, like Indonesia, Singapore, India are in immense pressure of repairing in the yards many are not...
The Baltic Exchange's main dry bulk sea freight index extended its rally to a fresh 13-year peak on Thursday, reports Yahoo Finance. Baltic freight index rise The Baltic Exchange's main dry bulk sea freight index extended its rally to a fresh...
Greek shipowner and operator Angelakos has registered all eight newbuild cargo vessels under the Cyprus flag. The new 82,000 DWT cargo vessel was christened as Oceania Graeca by the Deputy Minister for Shipping Natasa Pilidou at the Jiangsu...
In an article published in the Maritime Executive, Luke Robert postulates and elaborates on the profit making strategy undertaken by the largest container liners plying the waters.Let's take a look how these shipping lines manage profitability. Turning Around the Losses Up...
ACP revises Panama Canal transit tolls for the second time after expansion, increasing the perks for container ships and hike prices for other vessels. The original ‘Panamax’ locks can handle container ships up to a maximum capacity of...
The Baltic Briefing has issued the tanker report for the 37th week of this year. The report dated 11th September 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC The Middle East market...
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