Another two ships have been hit by missiles in the Black Sea: the Moldova-flagged chemical tanker Millennial Spirit and the Panama-flagged bulk carrier Namura Queen. The 1974-built Millennial Spirit, formerly Freyja, was fired upon by a Russian Navy ship 12 nautical miles south of Ukraine’s Yuzhniy...
Boss Kevin Mackay says some owners ‘may prefer not to trade in certain areas’
Uncertainty surrounding the Ukraine crisis is continuing to allow owners to ask more for loadings
Global shipping reacted sharply to yesterday’s full-scale invasion of Ukraine by Russia with an armada of international merchant ships exiting the area to safer waters, and tanker rates recording historic leaps in earnings. Russian forces are closing in on the capital Kiev today while Ukrainian...
https://splash247.com/shipping-navigates-the-fallout-from-russias-invasion-of-ukraine/
Greek owner maintains profitability thanks to offloading two vessels in the fourth quarter
US-listed owner also boosts liquidity in new leaseback finance deal
Analysts believe move shows confidence in improving US Jones Act MR market
The BDI falls, Dirties unexpected rise; despicable mess and hype by all on Ukraine whilst …Covid still around..
The BDI (Baltic Dry Index) lost 57 points as well as the 2,200 threshold and now stands at 2,187.Unexpected rise in Dirties with the BDTI up 179 points at 904. Hype and theatre of the absurd in Ukraine with Russian Forces smashing local defences in all fronts; a big surprise or a copy of the Afghan Army’s collapse? Something more than dubious happened. The Covid-19...
US entities will not be able to buy Sovcomflot debt or equity under new rules
Scorpio Tankers shares gained almost 9% by mid-afternoon on Thursday