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Nordic American Tankers says market outlook is ‘promising’

Nordic American Tankers says market outlook is ‘promising’ Suezmax specialist books $39.6m profit in the first quarter        Related Stories Health crisis threatens investment, profits and jobs, shipping survey finds Health crisis threatens investment, profits and jobs, survey finds UK provides funding to safeguard ‘vital’ freight routes   Suezmax specialist books $39.6m profit in the…

UK provides funding to safeguard ‘vital’ freight routes

UK provides funding to safeguard ‘vital’ freight routes Government to provide support for services linking the UK to Europe and Ireland        Related Stories Health crisis threatens investment, profits and jobs, shipping survey finds Health crisis threatens investment, profits and jobs, survey finds Nordic American Tankers says market outlook is ‘promising’   Government to provide…

Daily Briefing May 18 2020

Daily Briefing May 18 2020 Free to read: ‘The only way to survive is take out cost’ — Hapag-Lloyd chief | China leasing lenders here…         Free to read: ‘The only way to survive is take out cost’ — Hapag-Lloyd chief | China leasing lenders here…         https://lloydslist.maritimeintelligence.informa.com/LL1132005/Daily-Briefing-May-18-202016th May 20203:04 am

Sierra Leone flag targeted by sanctions-busting tanker

Sierra Leone flag targeted by sanctions-busting tanker Sierra Leone is the newest registry favoured by ships tracked shipping Iranian crude and liquefied petroleum gas        Related Stories Sovcomflot sees stronger second quarter after profit spike Sovcomflot sees strong second quarter of 2020 after profit spike Dry bulk market weathers Norway fund’s shift from mining  …

Has the capesize market found a floor?

Has the capesize market found a floor? While the Baltic Capesize Index has flipped back above zero, current earnings represent only 0.9% of 2008’s golden year        Related Stories Global port throughput forecast to drop 8% in 2020 The week in charts: Maersk’s stark warning for months ahead; capesizes plunge Crew repatriation dilemma drives supply…

Global port throughput forecast to drop 8% in 2020

Global port throughput forecast to drop 8% in 2020 Port activity should improve through the second half of the year as lockdowns are lifted, and stimulus packages kick in…        Related Stories Has the capesize market found a floor? The week in charts: Maersk’s stark warning for months ahead; capesizes plunge Crew repatriation dilemma drives…

Daily Briefing May 15 2020

Daily Briefing May 15 2020 Free to read: Euronav insists on long-term commitment to public market | Tanker downturn likely as floating storage reaches peak…         Free to read: Euronav insists on long-term commitment to public market | Tanker downturn likely as floating storage reaches peak…         https://lloydslist.maritimeintelligence.informa.com/LL1131989/Daily-Briefing-May-15-202015th May 20203:03 am

Euronav chief committed to public equity markets

Euronav chief committed to public equity markets Euronav chief executive rejects any suggestion of going into private ownership and says the company’s dividend policy is part of…        Related Stories US alerts shipping to illegal ‘sanctions evasion practices’ Diana ready to ‘play defence’ as dry bulk market tips into uncharted territory Yang Ming underscores state…