Carrier Reports $27m Loss in Q1 Due To Decline in Volume
Yang Ming recorded a $27m net loss for the first three months of this year
It reported $11m loss by its dry bulk...
Weekly Bulk Report – Week 20, 2020
The Baltic Briefing has released a report about the dry bulk market of the 20th week of shipping activities of this year. The report...
NYK Line and MTI Gets ClassNK AiP for Their Autonomous Ship Framework Project
ClassNK grants AiP for the joint project by NYK Line and MTI on the concept design of an autonomous ship framework, reads a press...
Container Market Up for 25% Volume Slump, Warns Maersk
In a major development, the world’s largest container line, Maersk is bracing for a historic slump in demand after emergency lockdowns across the globe...
Optimizing Fleet Operation & Cost Cutting Efforts Key To Enhanced Profitability in COVID19!
According to a LoadStar report, South Korean carrier HMM reported a $55m net loss for the first quarter – a dramatic 63.2% improvement on...
Weekly Tanker Report – Week 20, 2020
The Baltic Briefing has issued the tanker report for the 20th week of this year. The report dated 15th May 2020 provides a valuable...
d’Amico Inks Sale Deal Generating Net Cash of US$ 8.8 million
d'Amico International Shipping S.A. announces its memorandum of agreement for the sale of one of its handysize vessels, generating around US$ 8.8 million in...
COVID19 Oil Price Crash Shuts the Door for U.S. Fixed Investments!
Oil and gas sector investments have grown as a share of total U.S. nonresidential business fixed investments.
The share of the oil and...
Bahri Adds New Dry-Bulk Carrier To Its Industry-Leading Fleet
Bahri has announced the delivery of the new dry-bulk carrier - Sara.
The vessel increases the company’s fleet of dry-bulk carriers to six...
How Tankers Are Faring in The Current COVID19 Scenario?
Gregory Vousvounis provides his opinion on first-quarter earnings and describes what the market is missing.
Fleet shrinkage is due to product tankers switching...
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