Scorpio Bulkers Announces Its $34m Sale Deal
Scorpio Bulkers, Inc. announces the sale of two Ultramax vessels, says a press release published on their website.
Ultramax bulker sale
Scorpio Bulkers, Inc. (NYSE: SALT)...
Zenith Capital Invest in Mjølner’s Cargo Finance Unit
Zenith Capital Partners invest in Mjølner Shipping's Subsidiary and Sage Energy Partners.
The Investment aims at funding crude trading and product tankers.
Zenith Capital...
Algoma Takes Delivery of Self-unloading Dry Bulker
The vessel, the ninth Equinox Class vessel to join the fleet, will journey across the Atlantic to Canada.
The Algoma Intrepid entered service...
Maersk Upgrades Profit Expectations Amid 2,000 Job Cuts
Maersk has laid off around 2,000 employees in relation to the organizational changes that shut down brands Damco and Safmarine.
Combined with increased...
SPDB Finance Leasing Orders New-Build Vessels at NACKS
SPDB Financial Leasing places an order at NACKS.
New-build order for construction of four Bulk Carriers.
SPDB Financial Leasing, the leasing arm of Shanghai...
Dwindling Demand for LSFO in Asian Fuel Market
Tight supply of low sulfur fuel oil in South Korea has caused refiners to hold off concluding term bunker fuel contracts for the...
Baltic Index Falls Mirroring Capesize Dip
According to a Reuters report, The Baltic Exchange's main sea freight index, fell for a fifth consecutive session on Tuesday.
Baltic sea freight index
The Baltic...
World’s First Zero-emission Electric Tankers Inducted
Asahi Tanker ordered two of the world’s first zero-emission electric-powered tankers, says a press release published on their website.
Electric-powered tankers order
Asahi Tanker Co., Ltd. ...
Ningbo Containerised Freight Index
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.
The index is reported every Friday (except Chinese holidays) at...
Container Shipping Industry To Have Record Breaking Q3 Results
Container-line profits exceeded expectations in Q2 2020, a period when volumes were weak. In the third quarter, volumes and rates surged — and not...
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