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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: 17

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: 14

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: 2

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: 27

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: 4

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: 154

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: 2

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: 6

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: 353

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: 42

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: 5

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: 1

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: 18

Monday, January 28, 2013
rio tinto capesize iron ore bulk carrier cape lambert
News

Day Rates for Dry Bulk Ships Fall as Storms Hinder Australian Ore and Coal Cargos

(Bloomberg) — Iron ore and coal shipping costs slid for a fifth day amid speculation storms in Australia are curbing demand for vessels carrying the

January 28, 2013
Total Views: 31

Wednesday, January 23, 2013
VLCC Ovatella shell supertanker
News

Daily Earnings for VLCCs Plunge 76 Percent, Biggest Drop Since September

Jan. 23 (Bloomberg) — Earnings for the largest oil tankers plying the industry’s busiest trade route plunged 76 percent, nearing a reversion to

January 23, 2013
Total Views: 6

Tuesday, January 22, 2013
tanker vlcc supertanker ship shipping
News

Biggest Glut of Supertankers Since September, Day Rates Fall Below $10k

Jan. 22 (Bloomberg) — The glut of supertankers competing for 2 million-barrel cargoes of Persian Gulf oil expanded to the highest in more than four

January 22, 2013
Total Views: 3

Monday, January 21, 2013
sabrina i bulk carrier
News

Pareto Securities: Dry Bulk Shipping Demand to Surpass Fleet Growth

Jan. 21 (Bloomberg) — Demand to ship dry-bulk commodities will exceed fleet growth in the year’s second half as the freight market begins to

January 21, 2013
Total Views: 9

trafigura
News

Trafigura Bullish on Clean Products Sector, Buys Trio of MR Tankers

Jan. 21 (Bloomberg) — Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of

January 21, 2013
Total Views: 11

k-line lng carrier
Uncategorized

DNB Markets: LNG Price Gap to Boost Ship Rates Through Spring

Jan. 21 (Bloomberg) — The gap between liquefied natural gas prices in Asia and the Atlantic will keep trades between the regions profitable through the

January 21, 2013
Total Views: 6

Friday, January 18, 2013
stx freesia bulk carrier
News

Baltic Exchange Gains Nearly 10% on Capesize Coal Shipments

Jan 18 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry commodities, rose on Friday for a

January 18, 2013
Total Views: 5
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