Dry bulk and Oil Segments by Hellenic Shipping News Worldwide
Why know about different segments?
Knowing what is happening in different segments of shipping gives industry specialists an edge in negotiations. Certain kinds of news from countries that rely on each other for energy or other resources can often have a profound influence on overall global economics.
Dry Bulk Market | Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- Baltic Dry Index climbs to 3266 up 109 pointsby hellenicshippingnews... on 05/05/2021 at 12:50 pm
Today, Wednesday, May 05 2021 , the Baltic Dry Index climbed by 109 points, reaching 3266 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic ... The post Baltic Dry Index climbs to 3266 up 109 points first appeared on Hellenic Shipping News Worldwide.
- Ocean Yield ASA : First quarter 2021 Reportby hellenicshippingnews... on 05/05/2021 at 9:00 am
Ocean Yield ASA announces results for the first quarter 2021. Highlights The Board of Directors has declared a dividend of USD 5.45 cents per share. This is an increase of USD 0.15 cents compared to the previous quarter and is the 31st consecutive quarterly dividend. EBITDA for Q1 2021 was USD 42.3 million and EBITDA ... The post Ocean Yield ASA : First quarter 2021 Report first appeared on Hellenic Shipping News Worldwide.
- Fortescue expects strong Chinese iron ore demand despite Australian tensionsby hellenicshippingnews... on 05/05/2021 at 9:00 am
Although China-Australia relations have become agitated since 2020, Australian iron ore major Fortescue Metals Group Ltd. expects demand from China, where 95% of its revenue comes from, to remain strong after it reported robust iron ore shipments of 42.3 million tonnes for the third quarter of fiscal 2021. Despite heavy rainfall in Pilbara, Western Australia, ... The post Fortescue expects strong Chinese iron ore demand despite Australian tensions first appeared on Hellenic Shipping News Worldwide.
- Baltic index gains as capesize rates soar to highest since 2010by hellenicshippingnews.. on 04/05/2021 at 9:00 pm
The Baltic exchange’s main sea freight index rose on Tuesday, led by the highest capesize vessel rates in nearly 11 years. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, added 104 points, or 3.4%, to a near 11-year peak of 3,157. The capesize index rose 284 ... The post Baltic index gains as capesize rates soar to highest since 2010 first appeared on Hellenic Shipping News Worldwide.
- Benchmark Study Ranks Top Performers in Dry Bulkby hellenicshippingnews.. on 04/05/2021 at 9:00 pm
For the third year running Maritime Advisors, Liengaard & Roschmann have published their “Vesselindex Performance Report”, ranking the listed dry bulk companies based on their TCE performance. In a year 2020 which was characterized by a high level of volatility it is noticeable that 17 companies managed to outperform the general market as defined by ... The post Benchmark Study Ranks Top Performers in Dry Bulk first appeared on Hellenic Shipping News Worldwide.
Oil & Companies News | Hellenic Shipping News Worldwide Hellenic Shipping News Worldwide, Online Daily Newspaper on Hellenic and International Shipping
- API shows sharp drop in crude, product inventories – sourcesby hellenicshippingnews.. on 05/05/2021 at 5:00 pm
Crude oil and fuel stocks fell sharply in the most recent week, according to two market sources, citing American Petroleum Institute figures. Crude stocks fell by 7.7 million barrels in the week ended April 30. Gasoline inventories fell by 5.3 million barrels and distillate stocks fell by 3.5 million barrels, the data showed, according to ... The post API shows sharp drop in crude, product inventories – sources first appeared on Hellenic Shipping News Worldwide.
- Wood Mackenzie Report Projects Interesting Times For Oil And Gas Industryby hellenicshippingnews... on 05/05/2021 at 1:00 pm
A recent report by the consulting/analytical firm Wood MacKenzie projects what would appear to be devastating impacts on the oil and natural gas industry should the world achieve the emissions targets put forward by the 2015 Paris Climate Accords. In the new study’s most aggressive scenario, which it refers to as “AET-2,” Wood-Mac projects that ... The post Wood Mackenzie Report Projects Interesting Times For Oil And Gas Industry first appeared on Hellenic Shipping News Worldwide.
- India’s COVID-19 crisis to inflict wound on oil demand, but not a deep one: FIPI chiefby hellenicshippingnews... on 05/05/2021 at 1:00 pm
India’s unprecedented COVID-19 crisis is set to take a toll on oil demand in the April-June quarter as refiners look to scale back throughput and crude imports on the back of weakening transport demand and disruption to industrial activity, the head of the Federation of Indian Petroleum Industry told S&P Global Platts. The country, which ... The post India’s COVID-19 crisis to inflict wound on oil demand, but not a deep one: FIPI chief first appeared on Hellenic Shipping News Worldwide.
- MENA oil investments to slow in next 5 years as gas ‘seems to be plateauing’: APICORPby hellenicshippingnews... on 05/05/2021 at 1:00 pm
Natural gas and oil will miss out on increased investments set to pour into petrochemicals and power plants in the Middle East and North Africa region over the next five years as decision-makers become “more cautious to new project commitments in an era of gas overcapacity”, Arab Petroleum Investments Corp. said May 4. Oil investments ... The post MENA oil investments to slow in next 5 years as gas ‘seems to be plateauing’: APICORP first appeared on Hellenic Shipping News Worldwide.
- US base oil output reaches record low in February; refiners vulnerable ahead of hurricane seasonby hellenicshippingnews... on 05/05/2021 at 1:00 pm
US paraffinic base oil production reached a record low in February, according to the latest US Energy Information Administration (EIA) data, which date back to 1993. Low stocks after 2020 paired with polar storm impacts put US refiners in a vulnerable position ahead of a potentially active US Atlantic hurricane season. The data confirm projections ... The post US base oil output reaches record low in February; refiners vulnerable ahead of hurricane season first appeared on Hellenic Shipping News Worldwide.
