Dry Freight Markets Steady
Conditions on the dry cargo freight market were generally steadier for Capesizes on Wednesday, with the Baltic Cape Index posted at an unchanged 2,171, brokers said.
Tanker Hired To Evacuate Refinery Diesel
Indian Oil Corp. (IOC) hired a 106,000 DWT tanker on a month's charter to evacuate diesel from Reliance Petroleum Ltd's (RPL) refinery to India's east coast. "Liberian…
Wounded Ship Heads For Canada
Quebec City, Canada: The Hong Kong-flagged bulker Aptmariner was sailing to Quebec City, Canada, for repairs to damage caused by its grounding in St. Mary's river on May 5, Reuters reported.
Bulk Carrier Runs Aground
Mozambique: The Cyprus-registered bulk carrier Artemis SB, fully loaded with granite, ran aground at Beira port, Mozambique, on Sunday, May 7, Reuters reported.
OPEC Output To Stay Steady
OPEC President and Venezuelan Energy Minister Ali Rodriguez dismissed another increase in crude oil output in July, quelling speculation that a recent price spike…
Nedlloyd Posts Loss
Dutch shipping firm Koninklijke Nedlloyd Groep NV posted a first-quarter net loss of 17 million euros, but said it expected full-year results from ordinary activities…
Harland & Wolff Rescued
Harland & Wolff's (H&W) existence was extended last week as it won a 300 million pound ($458 million) contract to build four passenger ferries. The order from Bahamas…
