Platts: Tankers Leave Ceyhan after Order Cancellations

Nine of the 14 tankers nominated by Iraq’s State Oil Marketing Organization (SOMO) have departed from the ...

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Trans-Atlantic Dry Bulk Market in the Hour of the Wolf

Trans-Atlantic Dry Bulk Market in the Hour of the Wolf

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the ...

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Are Traders Chartering Supertankers to Store Crude?

Traders Charter Supertankers to Store Crude

Oil trading companies have chartered around fifteen supertankers in January, possibly to take advantage of slumping ...

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Asian VLCC Rates Jump to Nine-Month High

Worldscale rates for hiring VLCCs to haul crude from the Middle East to Far East Asia hit a nine-month high ...

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Chinese Shipbreakers Bracing for Another Blow

Chinese shipbreakers are heading for a another downturn as domestic scrap prices plunge to record lows, Platts said ...

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Platts: VLCC Rates on the Rebound

Worldscale rates for VLCCs on the East of Suez routes have reached more than nine-month highs, Platts cited market ...

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Platts: Atlantic Supramax Markets Looking Livelier

Platts Atlantic Supramax Markets Looking Livelier

Sentiment in the Atlantic Supramax markets was slightly more bullish, as a flurry of fresh requirements for ...

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Shipping Considerably Impacted by Ebola Outbreak

Despite IMO’s recommendation to keep maritime business as usual in Ebola-affected areas players from the ...

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Platts: Bullish Sentiment Prevailing in Atlantic ...

Sentiment remained bullish in the Atlantic Panamax market with tonnage relatively tight, but there were few fresh ...

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Platts: Atlantic Supramax Market Plagued by Overcapacity

Platts: Atlantic Supramax Market Plagued by Overcapacity

The Atlantic Supramax market continued to deal with an oversupply of ships in all its key regions, with demand for ...

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Platts: Freight Rates Pressured by Falling Bunker Fuel Prices

Falling bunker fuel prices are putting downward pressure on freight rates for dry bulk and tanker vessels operating ...

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Platts: VLCC Owners Gear Up for Persian Gulf Rate Spike

Worldscale rates for VLCCs on West Africa-to-Far East routes are at steep premiums to rates for Persian Gulf ...

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Platts JKM: October Spot LNG Prices on the Rise

Prices of spot liquefied natural gas (LNG) for October delivery to Asia gained 19.8% on a month over month to an ...

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Baltic Aframax Rates Nosediving

Last week saw a distinct lack of activity for Aframaxes in the Baltic Sea, ultimately ending with a sharp downturn ...

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Atlantic Panamax Freight Rates on the Rise

An improved sentiment prevails in trans-Atlantic Panamax freight rates as demand tightens for tonnage capacity. ...

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Platts: Spot LNG Prices Cool Off ahead of Summer

Prices of liquefied natural gas (LNG) for May delivery to Asia fell 11.8% to an average $15.559 per million British ...

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