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Weekly briefing: Floating storage at record high; downbeat quarterly earnings The peak of the crude oil storage crisis may now be over as production cuts have come in ‘harder and… Related Stories Scrapping volumes fall 40% as lockdown paralyses beaching and boarding LNG market seen flipping from surplus to shortfall Trade credit insurers brace…
Containership denied port access after rescuing migrants Counsel for the ship’s owner says the ship is stuck in political deadlock between Malta and Italy, which have shut… Related Stories Dorian LPG scores attractive financing double Capital Product says charter market has been ‘adversely affected’ Failing tanker charters dubbed an industry ‘disgrace’ Counsel for…
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 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 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 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 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 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’ 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…
Global shipping fleet to grow at reduced rate over next five years The global fleet of seagoing trading ships will grow at a much slower annual rate in the 2020-24 period than… Related Stories Coal demand tells a tale of two regions Saudi-US crude imports to reach six-year high Felixstowe and La Spezia bear…