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Feb
January, 2016
Date Headline Image
Mon11Jan
The dry bulk sector's key benchmark has fallen every day so far in 2016, and set a fresh record low on four of the five reporting days of the year so far.
Mon11Jan
Jascon 18 was arrested on January 7, 2016 at 9pm.
Fri08Jan
"Adani bunkering will be soon developing bunkering facilities at Dahej, Hazira & East Coast port of India," says Adani Enterprises CEO Vinay Prakash.
Fri08Jan
The average IFO380 price across Singapore, Houston, Fujairah, and Rotterdam fell from $597 pmt to $146.50 pmt in the 24 months to Jan 7, 2016.
Fri08Jan
Data from the Drewry's Benchmarking Club shows contract ocean freight rates on major East-West trade routes fell again in 2015's last quarter.
Fri08Jan
The consultancy calls for more vessel removal and restructuring in order to bring about stability.
Fri08Jan
Workers at the Port of Rotterdam's container terminals Thursday started a 24 hour strike at 3:15 p.m. local time.
Fri08Jan
"The launch will complement the company's current trading operation across the region," says Minerva Bunkers.
Fri08Jan
Investors are protecting themselves by acquiring put options with the right to sell at $25.
Thu07Jan
Bunker prices were mixed today as suppliers were trying to mark to market with respect to volatile swings in crude levels.
Thu07Jan
Of the four days that the sector's key barometer has been published in 2016, it has been at an at-the-time record low for three of those days.
Thu07Jan
"We sold 40,000 tonnes in December 2015, almost double of volume sold in December 2014," says head of sales Deniz Muhtaroglu.
Thu07Jan
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue.com's demolition sales from December 24 2015 – January 6, 2016.
Weekly Vessel Scrapping Report: 2016 Week 1
Thu07Jan
"Developing a recycling plant in the region represents the best opportunity for Ecoslops to establish a strong foothold in West Africa," says CEO.
Thu07Jan
Alastair Fischbacher, CEO of SSI, says low fuel prices are preventing the shipping industry from improving their efficiency efforts.
Thu07Jan
Despite cheap crude's positive effects, MOL 's CEO says that even the tanker market "cannot realistically expect favorable conditions will go on forever."
Thu07Jan
Lawyers at Clyde & Co. say that recent legal rulings has made Australia "an even more arrest and enforcement-friendly jurisdiction."
Thu07Jan
BIMCO says its hope for a bounce-back in 2016 is waning, and a "new normal" has arrived.
Thu07Jan
Richard Grenier says the dry bulk sector will probably have to reduce the newbuilding orderbook and increase ship recycling in 2016.
Thu07Jan
The country's top lines are said to be struggling with long-term losses and liquidity problems.