Dry Bulk and Oil Segments

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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 Index Slips On Weaker Capesize, Panamax Rates
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    The Baltic Exchange’s main sea freight index dipped on Wednesday, pressured by lower rates for the capesize and panamax vessel segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, wasdown 18 points, or 1%, at 1,709. The capesize index fell 109 points, or 6.8%, to an ... The post Baltic Index Slips On Weaker Capesize, Panamax Rates first appeared on Hellenic Shipping News Worldwide.

  • Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaits
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    After an unusually strong start to the year, seasonality has caught up with the dry bulk market. Coupled with a slow recovery in global economic activity, it looks set to be another challenging year. Demand drivers and freight rates The dry bulk industry has enjoyed an unseasonably robust start to 2021. Average earnings in January ... The post Dry Bulk Shipping: Strong Start To Year Ends As Slow Recovery Awaits first appeared on Hellenic Shipping News Worldwide.

  • Belships ASA Hails Dry Bulk Market Rebound
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    HIGHLIGHTS • Operating income of USD 59.9 million (Q4 2019: USD 38.9m) • EBITDA of USD 11.3m (USD 8.5m) • Net result of USD 0.9m (USD 2.1m) • Net TCE per ship of USD 10 502 per day versus BSI index of USD 10 211 net per day • 33 per cent of available ship ... The post Belships ASA Hails Dry Bulk Market Rebound first appeared on Hellenic Shipping News Worldwide.

  • Shanghai rebar futures trade in narrow range as market awaits demand recovery
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    Chinese steel rebar futures moved in a tight range on Wednesday, but hovered around a more than 10-year high, as the market awaited a rebound in downstream demand. “Unlike the manufacturing sector that had returned to work, construction normally restarts after the Lantern Festival,” said Wang Yingwu, chief analyst with Huatai Futures in Beijing, adding ... The post Shanghai rebar futures trade in narrow range as market awaits demand recovery first appeared on Hellenic Shipping News Worldwide.

  • Australian iron-ore and coal exports fall in January
    by hellenicshippingnews... on 24/02/2021 at 10:00 am

    New data by the Australian Bureau of Statistics (ABS) has reported a A$3-billion, or 9%, decline in exports for the month of January, driven by a A$1.5-billion, or 10%, decline in the export of metalliferous ores. “The decline in metalliferous ores was driven by a decline in the quantity of iron-ore exported in January. Despite ... The post Australian iron-ore and coal exports fall in January 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

  • ENGINE: Europe & Africa Bunker Fuel Availability Outlook
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    HSFO supplies are tightening in several Mediterranean and South African ports this week, while rough weather has disrupted bunkering in the Gibraltar Strait again. ARA’s independent fuel oil stocks were slightly lower last week, but are still far above their five-year average. The stocks remain high despite a recent pull for cargoes from the east. ... The post ENGINE: Europe & Africa Bunker Fuel Availability Outlook first appeared on Hellenic Shipping News Worldwide.

  • ADNOC to base OSPs for crude exports on Murban futures contract from June: ICE
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    Official selling prices for Abu Dhabi National Oil Co.’s crude exports will be based on the soon-to-be-launched ICE Murban Futures Contract from June, the Intercontinental Exchange said Feb. 24. The OSP for ADNOC’s flagship Murban crude will directly reflect the futures contract, while the Upper Zakum, Das and Umm Lulu grades will be priced at ... The post ADNOC to base OSPs for crude exports on Murban futures contract from June: ICE first appeared on Hellenic Shipping News Worldwide.

  • West Newton oil drilling expansion ‘could blight area’
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    Plans to expand an oil and gas drilling site could “blight” the area, according to local councillors and residents. Rathlin Energy is considering adding six more wells to its site near West Newton in East Yorkshire. It said it was committed to a public consultation before deciding whether to apply for planning permission. If it ... The post West Newton oil drilling expansion ‘could blight area’ first appeared on Hellenic Shipping News Worldwide.

  • Malaysia’s Petronas makes oil discovery at Hidayah-1 exploration well in Indonesia
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    Malaysia state oil firm Petroliam Nasional Berhad, or Petronas, on Wednesday said has made an oil discovery at the Hidayah-1 exploration well in Indonesia through its subsidiary PC North Madura II Ltd. The well, located within the North Madura II Production Sharing Contract (PSC) offshore East Java, encountered an oil-bearing carbonate build-up with good reservoir ... The post Malaysia’s Petronas makes oil discovery at Hidayah-1 exploration well in Indonesia first appeared on Hellenic Shipping News Worldwide.

  • Morgan Stanley sees Brent at $70/bbl in third quarter on improving market
    by hellenicshippingnews.. on 24/02/2021 at 10:00 pm

    Morgan Stanley expects Brent crude prices to climb to $70 per barrel in third quarter on “signs of a much improved market” including prospects of improving demand. “The stars have aligned for the oil market even faster than expected,” the bank said in a note on Monday. Morgan Stanley noted, “new COVID-19 cases are falling ... The post Morgan Stanley sees Brent at $70/bbl in third quarter on improving market first appeared on Hellenic Shipping News Worldwide.

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