Transatlantic Clean Tanker Rates Rally to 2-Month High
LONDON, April 22 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday while active bookings
LONDON, April 22 (Reuters) – Clean tanker rates for refined petroleum products on top export routes were mostly lower on Monday while active bookings
(Bloomberg) — Stronger demand for iron ore and coal shipped by sea, led by record monthly steel production in China amid slowing fleet growth, is poised
March 26 (Bloomberg) — Rates for Panamax ships carrying grains ended their longest rally in a decade amid speculation demand temporarily declined before
(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in 10 days in Copenhagen trading after freight
(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
(Bloomberg) — Rates to charter the largest oil tankers on their busiest trade route were little changed as the glut of vessels absorbed increased demand.
(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
(Bloomberg) — The largest oil tankers will remain unprofitable for at least two more years as the fleet overwhelms slowing demand for crude imports,
(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
(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
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
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
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
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.
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
(Bloomberg) — Returns for oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached the lowest level since August
(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
(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
(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
By Michelle Wiese Bockmann (Bloomberg) — Rates for ships carrying minerals and grains will climb almost threefold by 2015 as demand for the vessels
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