freight rates


Tuesday, March 12, 2013
grain carrier bulk liberty maritime
News

Dry Bulk Shippers Forced to Turn Away Cargoes Amidst Worst Market Since ’85

(Bloomberg) — The worst start to a year for freight rates is leading one of the creators of shipping derivatives to bet on a recovery as owners of

March 12, 2013
Total Views: 22

Friday, March 8, 2013
For the Supertanker Market, This Week is Slightly Less Horrible Than Last Week
News

For the Supertanker Market, This Week is Slightly Less Horrible Than Last Week

(Bloomberg) — Rates to charter the largest oil tankers on their busiest trade route were little changed as the glut of vessels absorbed increased demand.

March 8, 2013
Total Views: 31

Wednesday, February 27, 2013
LNG Shipping Rates Will Likely Drop as Fleet Growth Surpasses Demand Through 2016
News

LNG Shipping Rates Will Likely Drop as Fleet Growth Surpasses Demand Through 2016

(Bloomberg) — Rates to ship liquefied natural gas will decline over the next three years as trade fails to keep pace with the construction of new

February 27, 2013
Total Views: 26

Tuesday, February 26, 2013
kensington vlcc tanker supertanker knightsbridge
News

Morgan Stanley: Supertankers Will Remain Unprofitable for at Least Two More Years

(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,

February 26, 2013
Total Views: 263

Wednesday, February 20, 2013
bulk carrier capesize
News

Charters for Capsize Bulkers are Few and Far Between, Rates Remain at 6-Week Low

(Bloomberg) — Earnings for Capesize ships, the largest carriers of iron ore and coal, remained at a six-week low as a dearth of cargoes curbed hiring of

February 20, 2013
Total Views: 121

Tuesday, February 19, 2013
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News

Goldman Sachs Bearish on the Spot LNG Market in 2016 – 2017

(Bloomberg) — Global liquefied natural gas prices on the spot market will enter a bearish cycle from 2016 to 2017 as new supply comes online before Asian

February 19, 2013
Total Views: 55

Monday, February 18, 2013
Ras Tanura Sea Island Terminal saudi aramco
News

VLCC Rates Improve Slightly After Chinese Holiday, Owners Still Losing Over $6k Per Day

Charter costs for the biggest oil tankers plying the industry’s busiest trade route rose for a second session as charterers in China returned to work

February 18, 2013
Total Views: 39

Friday, February 15, 2013
Frontline Crude Oil Tankers VLCC
News

Tankers Earning Zero Seen Spurring Ships’ Removal From Service

Earnings are about zero for the biggest oil tankers, hauling almost half the world’s seaborne crude, and owners of the ships may opt to remove them from

February 15, 2013
Total Views: 64

Thursday, February 14, 2013
amphitrite post-panamax bulk carrier diana shipping
News

South American Grains Fuel Higher Day Rates for Panamax Ships, Capesizes Decline

Returns for Panamax ships, the main grain and coal carriers, reached the highest in almost two months as the reopening of some Asian offices after holidays and

February 14, 2013
Total Views: 69

Wednesday, February 13, 2013
Tsuru coal carrier
News

Rates for Panamax Coal Carriers Boosted by Increased U.S. Exports

Returns for Panamax vessels that haul coal and other commodities strengthened, nearing a two- month high, on increasing exports of the mineral from the U.S.

February 13, 2013
Total Views: 34

crowley florida mr tanker jones act
News

Jones Act Tankers Earn Record Rates as U.S. Crude Production Ramps Up

Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws prohibit exports. Rates for Jones

February 13, 2013
Total Views: 60

Friday, February 8, 2013
circassia frontline tankers crude oil tanker
News

Fourth Rate Drop in a Row For VLCCs, Lowest Since August 2012,

(Bloomberg) — Returns for oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached the lowest level since August

February 8, 2013
Total Views: 15

Thursday, February 7, 2013
medium range tanker transpetrol
News

The Dark Ages for Product Tankers Looms on the Horizon [REPORT]

(Bloomberg) — Tankers that carry about half of the refined oil products transported by sea will lose money for the next five years as an oversupply of

February 7, 2013
Total Views: 236

lng carrier port
News

LNG Shipping Rates Seen Stalling as Winter Fuel Demand Eases

(Bloomberg) — The rally in rates to ship liquefied natural gas may end as winter demand subsides and a shortage of cargoes curbs trading to profit from

February 7, 2013
Total Views: 35

Wednesday, February 6, 2013
BW Utik vlcc supertanker tanker
News

McQuilling Estimates Day Rates for Supertankers to Rise 48 Percent [REPORT]

(Bloomberg) — Earnings for the biggest oil tankers on the benchmark route shipping Saudi Arabian crude to Japan will rise 48 percent this year to average

February 6, 2013
Total Views: 43

Monday, February 4, 2013
bulk carrier capesize
News

Freight Rates for Bulk Carriers May Triple as Fleet Expansion Slows

By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels

February 4, 2013
Total Views: 499

Friday, February 1, 2013
British Progress BP VLCC Very Large Crude Carrier
News

For VLCC Owners, “Another Week of Pain Beckons”

(Bloomberg) — Losses widened for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, as a surplus of

February 1, 2013
Total Views: 103

iron ore port hedland bhp billiton
News

Ore, Coal Arbitrages Seen Exceeding Chinese GDP for Ship Demand

(Bloomberg) — Price arbitrages that make it profitable for traders to ship coal and iron ore to China may become more important in determining ship

February 1, 2013
Total Views: 31

Wednesday, January 30, 2013
iron ore australia dry bulk pier darwin
News

Capesize Rates and Iron Ore Prices Decline as Chinese New Year Approaches

(Bloomberg) — Iron ore is poised to decline through the end of March as China, the world’s largest user, has a week-long holiday next month and

January 30, 2013
Total Views: 20

Tuesday, January 29, 2013
BW Luck vlcc
News

BW Group Left Holding the Bag as Saudi Aramco Gets Ridiculous VLCC Charter Deal

(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, booked a tanker to haul a cargo to the U.S. Gulf Coast next

January 29, 2013
Total Views: 56