Diana Shipping Inc. announces a time charter for one of its Panamax dry bulk vessels.
The gross charter rate is US$9,000 per day for a period until minimum July 15, 2021 up to maximum September 30, 2021.
The...
MAN Energy Solutions has launched a platform “mýa” to share, integrate and distribute streaming data originating from sensors on equipment such as engines.
The mýa platform will form the offering of an independent company, with other companies, including...
Oil and gas (O&G) related stocks surged as oil price rose above US$30 a barrel for the first time in two months, reports The EdgeMarkets.
Market rebalance
Oil and gas (O&G) related stocks on Bursa Malaysia surged with strong trading interests,...
OPEC cartel leader Saudi Arabia is cutting subsidies and raising taxes.
Resource-rich nations turned to IMF as oil prices hover just north of $30 a barrel.
Nigeria last month received approval for a $3.4bn emergency IMF loan.
COVID-19...
Huangzeshan oil transfer terminal in Zhejiang province has officially opened.
It opened for international trade with the berthing of an oil tanker.
It is the first VLCC class oil berth in the north water area of Zhejiang province.
...
Good operational performance overtaken by significant fall in financial asset values.
This has resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter.
The quarter ended with a net loss to owners...
Hapag-Lloyd maintains its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, reports The LoadStar.
First-quarter EBITDA
Hapag-Lloyd announced that it was maintaining its 2020 EBITDA guidance of €1.7bn-2.2bn, despite unpredictable fluctuations in demand, due to the coronavirus pandemic.
It...
Ocean Technologies Group creates a forum on the name CEO Leader Series for discussion to overcome this COVID-19 pandemic.
Top 5 Maritime names take part and discuss on how to handle the current pandemic.
The interview shows contrasting...
Yang Ming recorded a $27m net loss for the first three months of this year
It reported $11m loss by its dry bulk business.
Yang Ming’s Q1 liftings were down 4% in the same period last year, to...
The Baltic Briefing has released a report about the dry bulk market of the 20th week of shipping activities of this year. The report dated 15th May highlights the plight of the dry bulk market at the on-sight of...
