Yesterday Splash carried studies from NASA suggesting the global sulphur cap had improved atmospheric conditions. However, the controversial IMO regulation’s effect on the sea remains a moot point. New research […]
Carnival Corp has priced a private note offering at an interest rate that is higher than previous offering after increasing it to $2bn. The move came after the Josh Weinstein-led […]
Vale announced Q3 2022 iron ore production of 89.7 MMT (975ktpd), which is up from 74.1 MMT in Q2 (or 21%) and broadly in line with Q3 2021 production (89.4). […]
Carnival Corp plans to issue $1.25bn in notes in an ongoing effort to make principal payments on $35bn in debt that it incurred while the pandemic shut down the cruise […]
Citic Financial Leasing (Citic FL) is said to have cancelled a contract for five 65,000-dwt bulk carrier newbuildings that it inked two months ago at Dalian Shipbuilding Industry Co (DSIC) […]
The second of two Angelicoussis Group-controlled capesize bulk carriers caught up in the conflict in Ukraine has managed to safely sail out of the war zone. The 180,000-dwt Maran Excellence […]
Should shipping have access to some sort of agency that can forecast something more than the economic drivers to freight rates – the political, strategic, or human interventions that expose […]
Hundreds of port workers at the Port of Liverpool, one of the UK’s largest container ports, will stage two more weeks of strikes over pay and jobs. Nearly 600 dockworkers […]
Spot rates for LNG carriers continue to soar to new highs. The Baltic Exchange has rates as high as $450,000 a day, while Spark Commodities reports fixtures in the Atlantic […]
Bulker owner-operator Pacific Basin Shipping still sees plenty of reasons to be optimistic about freight markets going forward, despite the barrage of macroeconomic bad news. Freight markets for handysize and […]
