VLCC rates tumble to lowest levels since February
Things have cooled considerably from the spring rally
Category: TradeWinds News
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GoodBulk takes hit from weak rates, but Radziwill pledges future share payouts
Bulker owner has completed a $200m loan refinancing which lower costs, and pledges to restore shareholders payouts
MOL responds to Mauritius grounding as holiday island faces pollution crisis
Vessel’s charterer has set up support team in Tokyo as fuel oil continues to leak from the stranded hull
China Cosco Shipping has world’s largest newbuilding orderbook
But new figures from Clarksons show overall backlog has shrunk by over 10% from a year ago
Eagle Bulk to sell older supramax for $5m ahead of drydock
Gary Vogel-led bulker owner sees higher loss for second quarter and first half of 2020
Star Bulk puts consolidation back on table, expects market upturn
Nasdaq-listed bulker owns plans to focus its capesizes in spot market ahead of expected upturn in rates
Euronav readies itself for a hat-trick of tanker M&As as down cycle begins
Belgian tanker giant’s ambition in counter-cyclical expansion could be complicated by emission regulations
Genco’s Wobensmith: ‘No point’ in talking about bank deferrals
New York-based bulker owner is in a different place when it comes to liquidity
Safe Bulkers reports loss amid longer voyages to open ports
Voyage costs skyrocket while flights home for crew prove hard to find