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Harworth said it will scale back its exposure to the residential sector entirely and 'accelerate the reallocation of capital to higher returning opportunities'.
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The VLCC positions list is now so tight that no one would be too surprised if we see the WS 400 mark breached for a Source: Fearnleys A.S
Kuwait Petroleum Corp. is preparing for a long period of trade-flow disruption amid the ongoing US-Iran conflict, and plans to boost its own ship fleet to have better control over its supplies, a…
Iran’s Revolutionary Guards announced on Wednesday that a maritime restricted area will stretch from Chabahar in Iran into portions of the Gulf of Oman and the Arabian Sea.
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, was up for a second session on Wednesday, rising about 1% to 3,620 points, supported by all…
The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to a new DNV white…
The Capesize market strengthened sharply over the week, led by sustained momentum in the Atlantic. The Baltic Capesize Index (BCI) rose by 950 points to 6,286, while average C5TC earnings increased by…