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Daily Briefing May 6 2020

Daily Briefing May 6 2020 Free to read: Tightening bank credit to hold back oil recovery | Trade credit insurers brace for wave of defaults…         Free to read: Tightening bank credit to hold back oil recovery | Trade credit insurers brace for wave of defaults…         https://lloydslist.maritimeintelligence.informa.com/LL1131970/Daily%20Briefing%20May%206%202020?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss6th May 20203:04 am

Trade credit insurers brace for wave of defaults

Trade credit insurers brace for wave of defaults Carriers are working with insureds and their customers to buy time and minimise insolvencies        Related Stories Barents Sea naval drill designed to counter Russian claims From the News Desk: Global crisis exposes fragility of container shipping Spot rates obscure true picture of carrier turmoil   Carriers…

Ince hires Hill Dickinson’s shipping lead

Ince hires Hill Dickinson’s shipping lead Clark will take global responsibility for Ince’s practice sectors and client base, both in the UK and internationally        Related Stories Performance Shipping expects return to black LNG spot market continues to decline Performance Shipping expects return to black in first quarter of 2020   Clark will take global…

LNG spot market continues to decline

LNG spot market continues to decline Spot rates have dropped by as much as 10% during the past week and have lost half their value since…        Related Stories Ince hires Hill Dickinson’s shipping lead Performance Shipping expects return to black Performance Shipping expects return to black in first quarter of 2020   Spot rates…

Performance Shipping expects return to black

Performance Shipping expects return to black The company has shed a substantial boxship fleet in the past three years and has acquired four aframax tankers.        Related Stories Ince hires Hill Dickinson’s shipping lead LNG spot market continues to decline Performance Shipping expects return to black in first quarter of 2020   The company has…

Daily Briefing May 5 2020

Daily Briefing May 5 2020 Free to read: Bahamas warns of crew repatriation ‘challenge’ | Seafarers report feeling ‘trapped’ and ‘exhausted’ | Global shipping fleet…         Free to read: Bahamas warns of crew repatriation ‘challenge’ | Seafarers report feeling ‘trapped’ and ‘exhausted’ | Global shipping fleet…         https://lloydslist.maritimeintelligence.informa.com/LL1131969/Daily%20Briefing%20May%205%202020?utm_source=search&utm_medium=RSS&utm_term=&utm_campaign=search_rss5th May 20203:03 am

Seafarers report feeling ‘trapped’ and ‘exhausted’

Seafarers report feeling ‘trapped’ and ‘exhausted’ The latest survey issued by the Seafarers Happiness’ Index shows increased fatigue from prolonged service on board vessles and stress…        Related Stories US charges Iranians over Greek tanker deal Singapore hands out funds to maritime tech start-ups Singapore maritime tech start-ups net funds to develop innovations   The…

Coal demand tells a tale of two regions

Coal demand tells a tale of two regions While European imports have dropped by 37% in April compared with a year earlier, cargoes into Southeast Asia are up…        Related Stories Global shipping fleet to grow at reduced rate over next five years Saudi-US crude imports to reach six-year high Felixstowe and La Spezia bear…

Saudi-US crude imports to reach six-year high

Saudi-US crude imports to reach six-year high Floating storage is at record levels as producers seek avenues to store surplus crude amid an estimated 30% drop in…        Related Stories Global shipping fleet to grow at reduced rate over next five years Coal demand tells a tale of two regions Felixstowe and La Spezia bear…