Tue23Feb |
Bond rating firm releases report suggesting Iranian crude volumes coming onto market will plateau by 2017. |
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Tue23Feb |
In the meantime, players should ignore low bunker prices and continue to slow steam. |
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Mon22Feb |
Oil prices caught support from a firm equities market. |
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Mon22Feb |
"Djibouti is now established as a very efficient and safe bunkering hub for Red Sea Channel," says the bunker player. |
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Mon22Feb |
Group consolidation is said to be "top of agenda." |
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Mon22Feb |
Golden Ocean Friday announced that it has successfully completed private placement of new shares at NOK 5.00 per new share. |
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Mon22Feb |
Star Bulk says it has entered into a 65 vessel Capesize pooling agreement with CTM, Golden Ocean, and Bocimar International. |
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Mon22Feb |
The U.S. Coast Guard said clean up operations were underway for an oil spill reported around a bulk carrier anchored near Kalama, Washington. |
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Mon22Feb |
2 Million TEU would make the new entity resulting from the merger of China Cosco Group and China Shipping Group the third largest carrier in the world. |
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Mon22Feb |
Analysts say Venezuela could need oil as high as $200 barrel oil to balance its budget. |
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Mon22Feb |
French recycler Ecoslop raises $6.12 million through convertible bond issue. |
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Mon22Feb |
Greek government declares Chinese state-owned firm preferred buyer for 67% stake in port. |
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Mon22Feb |
"Prevention of this waxy sludge is much easier than finding a cure," Sachin Gupta of WSS warns for use of low sulfur distillate fuels in cold temperatures. |
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Mon22Feb |
Joe Barton, Republican congressman for Texas, says the US has killed OPEC and that the cartel, along with Russia, "literally don't know what to do." |
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Mon22Feb |
About 39 mt of low sulfur MGO is reported to have been stolen from the 176,346 DWT Nord Power while it was in the Tianjin outer anchorage. |
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Fri19Feb |
The Baltic Dry Index gained 2 points on Friday to reach 315, marking one straight week of positive movement. |
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Fri19Feb |
Low commodity prices are blamed for an inability to generate cash and pay off debts. |
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Fri19Feb |
The stems were said to be up to 6,000 tonnes each. |
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Fri19Feb |
The BDI gained another 6 points Thursday, while Golden Ocean's CEO says he is confident there will be "massive scrapping" of older vessels. |
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Fri19Feb |
However, despite posting a net loss of $69.3 million for Q4, Billung says the dry bulk market "will repair faster than any analysts expects." |
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