Category: TradeWinds News

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Capesize bulker spot rates fall while handysizes see new highs

Baltic Dry Index sheds almost 400 points since last Friday

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Golden Ray salvage suspended amid Covid-19 outbreak

Ten responders have come down with the virus while working at the site, according to Gallagher Marine Services

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A Biden presidency could see US sanctions scaled back

The Democratic Party is considering deeming sanctions a threat to the US’s global financial standing

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Euronav spends $16m more on share buybacks

Owner has pulled in nearly 1.8m further units as programme continues

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Golar keeps pushing into LNG infrastructure with Brazil terminal

The move comes as Golar continues to explore ways to spin off its gas carrier fleet

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American Club takes Spanish owner to court over abandoned ship

The protection and indemnity club said it stepped up to fix a dangerous situation and was left holding the bag

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Scrubbers ‘extremely misleading,’ Seanergy CEO says

Installing the kits are a ‘very difficult exercise,’ chief executive Stamatis Tsantanis says

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Maritime crime in Asia increases

Intelligence outfit reveals more than 800 separate maritime incidents in Southeast Asia

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India eyes US SPR for potential overseas crude storage

Asian nation would be able to buy US crude at low prices and store it until demand rebounds

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