Coronavirus Impact To Put Asian Economies With Zero Growth This Year! Warns IMF
Economies in Asia will see zero growth this year for the first time in 60 years.
Global economy will face the "worst recession...
Weekly Tanker Report – Week 16, 2020
The Baltic Briefing has issued the tanker report for the 16th week of this year. The report dated 17th April 2020 provides a valuable...
COVID19 Worst Recession After the ‘Great Depression’!
According to a BBC report by BBC Business Reporter, Szu Ping Chan, the International Monetary Fund has said that the global economy will contract...
Capesize Gains Pushes Baltic Dry Index Up By 0.80%
The Baltic Dry Index increased as Capesize rates rose 2.09% offsetting Supramax rate drop, reports Seeking Alpha.
Baltic Index increase
The Baltic Dry Index increased...
Weekly Bulk Report – Week 16, 2020
The Baltic Briefing has released a report about the dry bulk market of the 16th week of shipping activities of this year. The report...
Keppel and EMA Strike a $10m Partnership Deal for Cleaner Energy
Energy sector calls for innovative energy solutions in the marine sector
Focus on energy storage systems and smart power grids for the offshore...
HMM Plans To Scale Its Fleet To Run on The Alliance Route
HMM is scaling up its operations as a formal member of The Alliance.
It plans to add 12 vessels in 24,000-TEU class to...
Japan Offering Upto $2 Billion for Companies To Shift Base
Japan’s government would spend upwards of $2 billion helping its multinationals leave China.
U.S. companies are leaving, too, even though there is no...
COVID19 Causes China’s Economy To Shrink for the First Time in Decades!
According to a BBC report, China's economy shrank for the first time in decades in the first quarter of the year, as the virus...
Chinese Restocking Drives Capesize Rates To Breakeven Levels!
China restocking sees capesize rates on the rise.
Capesize 5TC average hit $7,915 per day on 15th April, up by 41% week on-week.
Capesize...
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