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October 21, 2018

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Marine News

Oct 19 2018 17:42:00 EDT

Freight rates for Aframax vessels carrying cargoes on both upcoast and trans-Atlantic routes continued to soar Friday, with rates for USGC-trans-Atlantic voyages far surpassing their highest level ...

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Oct 19 2018 13:08:00 EDT

Critically low water levels on the River Rhine, the main European shipping artery, are jeopardizing shipments of a wide range of different commodities, such as grains, chemicals and coal, and are a...

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Oct 19 2018 07:15:00 EDT
Oct 19 2018 03:53:00 EDT
Oct 19 2018 03:08:00 EDT
Oct 19 2018 00:14:00 EDT
Oct 17 2018 23:55:00 EDT
Oct 17 2018 09:09:00 EDT
Oct 17 2018 09:11:00 EDT
Oct 16 2018 07:31:00 EDT
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Markets

Charterers continued to drip feed the East of Suez VLCC market Friday in an effort to pressure owners and further slowdown activity. "Cargoes trickled in sporadically along with a long list of handicapped tonnage from various owners," a shipping brokerage said in its daily report. The charterers seem to have gained a bit of an upper hand with the sentiment coming off slowly. Most of the fixtures reported were South Korea-bound with sparse volume for China discharge. Fixture-wise, the 2003-built ...
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