Frieght

Safe Bulkers, Inc. Pursues Its Fleet Renewal & Deleveraging Strategy

Safe Bulkers, Inc., pursues its fleet renewal and deleveraging strategy, says a press release published on their website.

The two agreements

Safe Bulkers, Inc., an international provider of marine dry bulk transportation services, announced that in relation to its fleet renewal strategy, it has entered into agreements:

i) for the acquisition of two Japanese-built, dry-bulk, Post-Panamax class, 87,000 dwt, newbuild vessels at attractive prices with scheduled delivery dates within the first and the...

https://mfame.guru/safe-bulkers-inc-pursues-its-fleet-renewal-deleveraging-strategy/

Whitepaper: Freight Rates May Rise Due To IMO 2020

  • Carriers and shippers are bound to face uncertainty due to IMO 2020 regulation because fuel costs constitute over 50% of operating expenses.
  • Seabury Maritime published a white paper on March 4th, in cooperation with Gemini Shippers Group,providing statistics.
  • It expects an increase of USD 600 in present costs of shipping a container from China to the USEC.
  • Several factors affecting a carrier’s calculation of the fuel surcharges make transparency extremely important to build trust.

Carriers and...

http://mfame.guru/whitepaper-freight-rates-may-rise-due-to-imo-2020/