Tanker Market Mixed During August
The tanker market showed mixed performance during the month August. According to OPEC’s monthly report, dirty spot freight rates for…
Handysize bulkers hit three-month low as Pacific Carriers fixture shows Atlantic hope
Baltic Exchange spot market barometer for sector hits lowest level since May
Has a sell-off in tanker stocks positioned them for winter rally?
How investment bank Jefferies sees the big change in trading prices to net asset value
Greece Sends Tugs as Salvage of Sounion is Believed to Have Started
Details about the salvage efforts for the burning Greek tanker Sounion in the Red Sea remain clouded in secrecy due…
France Attempts Prosecution of Master for Sanctions Violations
Prosecutors in a French court this week argued that the master of a vessel that was charged with sanctions violations…
Euro zone inflation going in right direction, says ECB’s Nagel
Inflation in the euro zone, including a core measure that strips out volatile prices, is going in the right direction,…
US fiscal 2024 deficit nears $1.9 trillion with a month to go
The U.S. budget deficit reached $1.897 trillion for the first 11 months of the 2024 fiscal year, the Treasury Department…