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Shipping freight rates to stay low until at least 2020


Shipping freight rates to stay low until at least 2020 – Goldman Sachs  * Ship glut, low fuel costs weigh on freight rates * China’s economic transition reduces dry-bulk imports * Big miners can profit from low freight costs, access new markets * Small regional producers will struggle By Henning Gloystein SINGAPORE, May 7 (Reuters) – Shipping freight rates, which have hit record lows this year,... Read More ⇒

LNG: A Trans-Atlantic Divide


 By MarEx 2015-03-21 02:49:41 By James Ashworth There are roughly 8,000 seaports located in 200 countries. Of these, 46 are LNG hopefuls and a mere 15 open for general LNG bunker business today. The global distribution of available and planned LNG bunker ports is highly skewed towards Europe. There are two reasons for this. With an environmentally sensitive political ethos, a geography that lends itself to significant transport... Read More ⇒

Filling Ultra-Large Container Ships


By Wendy Laursen 2015-03-16 19:49:51 In the latest large container ship news, MSC has indicated that it is interested in ordering ten ships of 11,000 TEUs at around $80 million each for the North-South trades. The vessels, expected to be delivered from Hanjin Heavy Industries in 2017, are far from the size of the latest mega-ships such as the company’s 19,224-TEU MSC Oscar and CSCL’s 19,100-TEU CSCL Globe. This size of... Read More ⇒

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