February, 2016
Date Headline Image
Thu04Feb
Average spot TC rates fell to $2,743 per day for Capesize bulkers, and $2,837 per day for supramax ships.
Another Historic Day for Dry Bulk as Baltic Dry Index Falls to 298
Thu04Feb
Fewer attacks against small fuel tankers around SE Asian coasts is said to be a "key factor" in a recent overall global reduction in piracy and armed robbery.
Attacks Against Fuel Tankers in SE Asia Dropped in 2015, Says IMB
Thu04Feb
Amid clean up efforts, the Philippine Coast Guard said it was determining the fines that Chevron will face for the oil spill at its San Pascual oil depot.
Update: Chevron Confirms Bunker Spill During Loading at Philippine Oil Depot
Thu04Feb
Daiichi Chuo Kisen Kaisha is now scrambling to raise funds from shipowners and other creditors.
Japanese Dry bulk Giant Misses Rehabilitation Deadline
Thu04Feb
The indications include declining US shale output and a crumbling Russian economy.
"Plenty of Signs" OPEC's High Output Strategy is Working
Thu04Feb
Coming alongside a 24 hour nation-wide general strike, five ports including Piraeus, are set to continue strike action for an additional 24 hours.
Bunkering Set to be Affected as Greek Port Workers Launch Third Set of 48 Hour Strike Action
Thu04Feb
The dry bulk carrier says it expected to record "a substantial loss" for the fourth quarter, and 2015 as a whole.
Malaysia's Largest Drybulk Owner Issues Profit Warning
Thu04Feb
The shipping line saw its stock prices rise to three week highs on news of its plans to sell its stakes in affiliate companies.
Plans to Sell off Stakes in Affiliates Buoys Hyundai Merchant Stocks
Thu04Feb
Board of directors reacts to "increasingly challenging market" with rapid sale of bulk chartering business.
Western Bulk ASA to sell Western Bulk Chartering AS
Thu04Feb
"Quite the opposite, in fact," Lamerton tells Ship & Bunker.
Gulf Petrochem Dismisses Bunker Market Exit Rumours