TANKERS: Clean MR freight rates in the Americas surge to new 2015 highs
Medium Range clean tanker rates in the Americas shot to new 2015 highs Friday, with no let-up in chartering inquiries throughout the week and fast diminishing tonnage in the Caribbean and US Gulf Coast.
LPG market reaches new highs
With Greece’s bailout issue monopolizing local and global news alike, an interesting development in the shipping market took place; the LPG tanker markets have been pulling away, moving higher than before.
Cheaper prices drive China Dec commodity imports to record highs
China imported record levels of crude oil, iron ore and soybeans in December as the country took advantage of...