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The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 5th July 2019 provides a valuable insight into this week's tanker market dealings, freight rates, and charter activities. VLCC Rates in the Middle East...
Today we are going to look at Ship Finance International Limited (NYSE:SFL) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view...
Nasdaq-listed Grindrod Shipping has sealed a sale and leaseback transaction with a Japanese ship owner.  The transaction is for 2010-built 33,100 dwt handysize dry bulk carrier IVS Knot.  Vessel was sold for $13m having a bareboat charter for...
MSS has signed a three-year contract extension with Inmarsat for its new dedicated bandwidth service Fleet Xpress.  Advocates digital solutions to optimize vessel operations and adopted a new energy advisory system to reduce fuel consumption by 5% by...
The Baltic Exchange’s main sea freight index took a break on Monday after rising for 16 straight sessions, as rates for capesize vessels fell after a strong run over the past couple of weeks, reports Reuters. The Baltic index,...
  According to an article published in Splash, Cosco Shipping Energy Transportation has approved a proposal for its 51% owned joint venture, Cosco PetroChina Shipping, to join the bidding for four 28,000 dwt product tankers. Vessel specs The vessels are currently listed...
The Baltic Briefing has released a report about the dry bulk market of the 26th week of shipping activities of this year. The report dated 5th July highlights the plight of the dry bulk market at the on-sight of...
In a major development, Hapag-Lloyd and Singapore-based Ocean Network Express (ONE) Pte. Ltd announced that they will join the blockchain-enabled digital shipping platform, TradeLens jointly developed by A.P. Moller - Maersk and IBM, says a press release published in...
Taiwan’s Yang Ming Marine Transport Corp. and China’s Cosco Shipping Holdings Co. are looking for new vessels to meet 2020 sulfur emissions. Apple Inc aims to balance cost-saving efforts amid global trade tensions and growing market for consumer...
Panamax rates rose 3.4% in June, marking their largest increase since March 21st. Supramax rates rose today by 1.3%, which marks their largest increase since April 24th.  June saw Chinese steel prices had fallen to the lowest level...

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