MISC Group Reports Financial Results For The Second Quarter Of FY2020

MISC is pleased to announce its financial results for the financial period ended 30 June 2020. Financial Highlights: • Group revenue and operating profit for the quarter and 6 months period ended 30 June 2020 was higher than the corresponding quarter and 6 months period ended 30 June 2019. • The...

https://www.hellenicshippingnews.com/misc-group-reports-financial-results-for-the-second-quarter-of-fy2020/

Iran official: No Iranian ships or fuel cargoes have been seized -IRNA

No Iranian ships or gasoline cargoes have been seized, an unnamed official told Iran’s state news agency on Friday, following reports that four Iranian fuel cargoes had been transferred to other ships for transport to U.S. waters. “Iran, as it has repeatedly stated, will not tolerate any such...

https://www.hellenicshippingnews.com/iran-official-no-iranian-ships-or-fuel-cargoes-have-been-seized-irna/

Unwinding floating storage to loom on tanker markets through H2 2020

Tanker freight rates are expected to see continued pressure from unwinding floating storage for the remainder of the second half of 2020, shipowners Diamond S Shipping and Teekay Tankers Ltd. said in second-quarter 2020 earnings calls Aug. 13. Both calls focused on the global bearish impact that...

https://www.hellenicshippingnews.com/tankers-unwinding-floating-storage-to-loom-on-tanker-markets-through-h2-2020/

India’s container space tightness seen easing in Sep as imports recover after lockdown

Container space tightness in India is expected to ease from September as imports rebound after a nationwide lockdown to contain the coronavirus, delivering more containers to India’s ports, market sources said. The lack of container availability saw India’s container freight rates surge up to 67%...

https://www.hellenicshippingnews.com/indias-container-space-tightness-seen-easing-in-sep-as-imports-recover-after-lockdown/

Golar LNG Partners LP: Interim results for the period ended 30 June 2020

Highlights and subsequent events • Exclusive of its interest in FLNG Hilli Episeyo, Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $32.8 million for the second quarter of 2020. • After accounting for $4.5 million of non-cash mark-to-market interest rate...

https://www.hellenicshippingnews.com/golar-lng-partners-lp-interim-results-for-the-period-ended-30-june-2020/

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