The product tanker market’s fundamentals, both demand and tonnage supply, have been showing signs of steady improvement of late. In its latest weekly report, shipbroker Allied Shipbroking said that “having entered into the second half of the year, all eyes (on the MR segment) have turned towards the refineries...

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The Baltic Exchange’s main sea freight index climbed to its highest since December 2013 on Friday, driven by firm demand for capesize and panamax vessels. The Baltic index, which tracks rates for ships ferrying dry bulk commodities, rose nearly 2%, or 40 points, to 2,170, a peak since Dec....

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With 1 January 2020 less than five and a half months away, INTERCARGO expresses its growing concern in view of the magnitude of the challenge lying ahead for the industry and the need for a smooth transition. The global availability of safe compliant fuels remains a key question largely...

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