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News & Updates

Keep checking here for the latest in Shipping & Logistics

U.S. jobless claims rise from low levels

Initial claims for U.S. unemployment-insurance benefits inched higher in the latest week but continued to signal a healthy labor market, according to government data released Thursday. The number of people...

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Ireland Consumer Prices Fall For Second Month

Ireland’s consumer prices decreased for the second straight month in July, preliminary data from the Central Statistics Office showed Thursday. The consumer price index dropped 0.2 percent year-over-year in July,...

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Vale Sells Two VLOCs to China’s Bocomm

Brazilian mining giant Vale has finalized a sale agreement for two of its very large ore carriers (VLOCs) with China’s Bank of Communications Finance Leasing (Bocomm). The company disposed of two 400,000...

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NAT Inks Two Charter Deals with Shell

Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has entered into two time charter arrangements (TCs) with Shell Oil. The time charters are for a period of 18 months for...

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MPC Container Ships Adds One More Vessel

MPC Container Ships, Norway-based owner and operator of container vessels formed in April 2017, has acquired AS Angelina, a 2,217 TEU ship. Built in Germany in 2007, the vessel was bought...

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FIS Technical – Capesize

Capesize Index Support – 11,165, 10,424, 9,000 Resistance – 15,493, 16,966, 18,080 Resistance at USD 15,493 Support 10,134 Weekly stochastic mid-range Daily stochastic in overbought territory. The weekly bear trend...

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Getting your vessel out from the cold

Globally, environmental policymakers are playing a part in driving demand for natural gas as it is a proven clean fuel. Prime time for reactivation If you are an LNG player...

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