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  • VLCC spot rates move above breakeven

    Charterers looking to load this coming July bid up spot modern vessels to best level of year.

    Tankers  tradewindsnews.com 1 hours old Michael Angell

    Scorpio says no thanks to scrubbers, for now

    Largest product tanker owner says 'continues to evaluate' scrubbers, but economics not clear for smaller vessels.

    Tankers  tradewindsnews.com 3 hours old Michael Angell

    IMO 2020 compliance to be 'chaos' at outset

    Full adherence to the sulphur regulation may not happen until fourth quarter of 2020, says Star Bulk Carriers president Hamish Norton.

    Casualties  tradewindsnews.com 3 hours old Michael Juliano

    Maersk Tankers and CargoMetrics take ‘massive step’

    Partners reveal LR2 simulation tool as first product in digital shipping venture.

    Tankers  tradewindsnews.com 4 hours old Andy Pierce

    Maran's Exxon charter show scrubber boost

    Upwards of 10,000 ships may be fitted with scrubbers depending on how fuel prices respond to IMO 2020.

    Tankers  tradewindsnews.com 6 hours old Michael Angell

    VesselsValue: handysizes have most upside

    Prices for small bulkers show best 12-month performance with next three years also set for more gains.

    Finance  tradewindsnews.com 7 hours old Michael Angell

    Fredriksen lieutenant Hermansen to chair Avance Gas

    Norwegian tycoon's top shipping man eyes M&A after nomination to lead LPG carrier owner's board.

    Gas  tradewindsnews.com 8 hours old Trond Lillestolen

    Oak Hill, Varde confirm $1bn Deutsche Bank loan swoop

    Funds see 70-ship deal as part of strategy to offer alternative ship finance to owners.

    Finance  tradewindsnews.com 8 hours old Gary Dixon

    Ugland sells oldest bulker but holds on to sistership

    Managing director confirms MOA on sales deal to undisclosed buyer

    Dry cargo  tradewindsnews.com 8 hours old Trond Lillestolen

    Glencore charters Golden Ocean capesize bulker

    A capesize owned by Golden Ocean has been fixed on a period charter. Gunvor inks largest shipowning move with six newbuildings Glencore has chartered the 181,000-dwt Golden Savannah (built 2017) on an 11 to 13-month contract, the Baltic Exchange reports. The rate is pegged at 119% of the 5TC route between West Australia to Qingdao. Capesize rates are presently placed at $17,796 per day by the

    Dry cargo  tradewindsnews.com 9 hours old Andy Pierce