BIMCO’s SNOW: Zero tonnes of Saudi crude oil imported by the US BIMCO’s Shipping Number of the Week Zero tonnes of Saudi crude oil imported by the US In the…
Tankers
Midweek Market and Geopolitical blues whilst Coronavirus advances further…
Midweek Market and Geopolitical blues whilst Coronavirus advances further… The BDI (Baltic Dry Index) managed to clinch seven points and now stands at 1,425. On the Geopolitical front, the events…
AET takes delivery of DP2 shuttle tanker Eagle Pilar
AET takes delivery of DP2 shuttle tanker Eagle Pilar 6 January 2021: AET, one of the world’s leading petroleum tanker owners and operators, took delivery of Eagle Pilar today, a new Suezmax second…
2020 volatility lifts freight derivative volumes
2020 volatility lifts freight derivative volumes The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic…
Performance Shipping Inc. announces the date for its 2021 Annual General Meeting of Shareholders and Adoption of Amended and Restated Equity Incentive
Performance Shipping Inc. announces the date for its 2021 Annual General Meeting of Shareholders and Adoption of Amended and Restated Equity Incentive ATHENS, GREECE, December 30, 2020 – Performance Shipping…
Signal look back at 2020: The headwinds, tailwinds and everything in between
Signal look back at 2020: The headwinds, tailwinds and everything in between There is no doubt that 2020 has been a turbulent year for commercial shipping. The coronavirus pandemic has…
A Capes dominated Dry Market amid total misery in a perplexed Geopolitical environment “ruled” by Coronavirus on Christmas Eve…and beyond
A Capes dominated Dry Market amid total misery in a perplexed Geopolitical environment “ruled” by Coronavirus on Christmas Eve…and beyond The BDI (Baltic Dry Index) clinched four points, thanks to…
Panamaxes’ fall “brings down” the BDI@1,323; mixed Wets, messy Geopolitics and Coronavirus’ mess continues…
Panamaxes’ fall “brings down” the BDI@1,323; mixed Wets, messy Geopolitics and Coronavirus’ mess continues… The BDI (Baltic Dry Index) was down two points since 18/12 and the game is still…
A “merry” pre-Festive Season Market amid despicable Geopolitics and advancement of a Coronavirus’ “offspring” detected in UK
A “merry” pre-Festive Season Market amid despicable Geopolitics and advancement of a Coronavirus’ “offspring” detected in UK… The BDI (Baltic Dry Index) ended up 24 points since yesterday and now…
Panamaxes fall might influence Dry Market’s rise but hope is still there. Perplexed Geopolitics and worrying COVID-19…
Panamaxes fall might influence Dry Market’s rise but hope is still there. Perplexed Geopolitics and worrying COVID-19… The BDI (Baltic Dry Index) was up five points since yesterday and now…
Capes driven dry market, still low Wets with Geopolitics and Coronavirus in turmoil…
Capes driven dry market, still low Wets with Geopolitics and Coronavirus in turmoil… The BDI (Baltic Dry Index) gained 38 points since yesterday, thanks to the triple digit rise of…
Performance Shipping Inc., announces delivery of its fifth Aframax tanker, m/t P. Yanbu
Performance Shipping Inc., announces delivery of its fifth Aframax tanker, m/t P. Yanbu ATHENS, GREECE, December 15, 2020 – Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company…
The BDI@1,211 becomes buoyant. CAUTION though on Geopolitics and Coronavirus
The BDI@1,211 becomes buoyant. CAUTION though on Geopolitics and Coronavirus The BDI (Baltic Dry Index) gained 50 points since yesterday surpassing the 1,200 points threshold and also gaining 14 points…
Market’s mild surge amid total uncertainty in geopolitics and Coronavirus, manna from heavens…
Market’s mild surge amid total uncertainty in geopolitics and Coronavirus, manna from heavens… The BDI (Baltic Dry Index) gained 39 points since yesterday and now reads 1,161. Wets as always…
Volatility upside down; uncertain geopolitics and Coronavirus issues…
Volatility upside down; uncertain geopolitics and Coronavirus issues… The BDI (Baltic Dry Index) clinched a point, thanks to the “rising” Panamaxes and now stands at 1,122… Uncertainty rules Geopolitics as…
Capes’ volatility brings down the BDI; Geopolitical and Coronavirus uncertainty rules …the waves
Capes’ volatility brings down the BDI; Geopolitical and Coronavirus uncertainty rules …the waves The BDI (Baltic Dry Index) lost 41 points and now stands at 1,121 “thanks” to Capes’ three…
Volatility knocks …again amid explosive Geopolitics and, still, an advancing Coronavirus
Volatility knocks …again amid explosive Geopolitics and, still, an advancing Coronavirus The BDI (Baltic Dry Index) lost earlier on today 35 points and now stands at 1,197 at a point…
Greek Shipping Awards 2020 highlight ‘best of the best’ in first-ever virtual ceremony
Greek Shipping Awards 2020 highlight ‘best of the best’ in first-ever virtual ceremonyAnna Angelicoussi wins ‘Personality of the Year’ Award as AthanasiosMartinos receives Lifetime Achievement recognition SOME of the leading names in the Greek…
The fall continues with the BDI losing the 1,200 points threshold. Still explosive Geopolitics with COVID about to be “tackled”… Exploitation triumphs…
The fall continues with the BDI losing the 1,200 points threshold. Still explosive Geopolitics with COVID about to be “tackled”… Exploitation triumphs… The BDI (Baltic Dry Index) lost a dozen…
The BDI@1,201, low Wets, still enigmatic Geopolitics and let’s hope the Vaccine works and reduces COVID-19…
The BDI@1,201, low Wets, still enigmatic Geopolitics and let’s hope the Vaccine works and reduces COVID-19… The BDI lost ten points since yesterday and now reads 1,201 – soon might…
December First 2020: Market hiccups; CAUTION. Geopolitics despicable whilst COVID-19 spreads. The Vaccine please!
December First 2020: Market hiccups; CAUTION. Geopolitics despicable whilst COVID-19 spreads. The Vaccine please! The BDI (Baltic Dry Index) lost 16 points and now stands at 1,211 – a bad…
Monday Market Dry Hiccups, mixed Wets, enigmatic Geopolitics and wonder when the COVID-19 Vaccine does the trick…
Monday Market Dry Hiccups, mixed Wets, enigmatic Geopolitics and wonder when the COVID-19 Vaccine does the trick… The BDI (Baltic Dry Index) fell three points since last Friday 27/11 and…
Market survives with minor rise amid Geopolitical Chaos and Coronavirus “challenged…”
Market survives with minor rise amid Geopolitical Chaos and Coronavirus “challenged…” The BDI clinched 11 points and now stands at 1,230 points which is also 82 points plus since last…
Dry bonanza, low and falling Wets with messy Geopolitics amid an explosive Covid
Dry bonanza, low and falling Wets with messy Geopolitics amid an explosive Covid The BDI (Baltic Dry Index) ended up 22 points since yesterday and now stands at 1,219 surpassing…
Markets “…refloat”, Geopolitics and Coronavirus: a major liability
Markets “…refloat”, Geopolitics and Coronavirus: a major liability The BDI (Baltic Dry Index) gained 19 points since yesterday and now stands at 1,197. Wets still low. Humanity has to face…