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CLEAN TANKER QUARTERLY: Russia to dominate market outlook moving forward | Hellenic Shipping News Worldwide

Clean tanker markets will likely continue to scramble for available options across all vessel classes heading into the weaker second quarter, with question marks over Russian-origin oil products continuing to dominate prospects in the near term. In an unprecedented quarter in which the Russian invasion of Ukraine triggered a tumultuous change in market dynamics, a . ....

Black Sea , Oceans General , United Kingdom , Persian Gulf , Baltic Sea , Baltic Handysize , Baltic To United Kingdom Continent , Black Sea To Med , Black Sea Med , Long Range , United Kingdom Continent , Atlantic Coast ,

Bulk Shipper's Profit Falls On Lower Rates | Hellenic Shipping News Worldwide

Bulk shipper Wisdom Marine Lines Co yesterday said that its pretax profit last month declined 4 percent from a month earlier to NT$991 million (US$35.75 million), as freight rates for small and mid-sized vessels dropped, but expressed optimism about the rate outlook for this month. The fall affected the shipper, as more than half of . ....

T Ai Pei , Baltic Handysize , Wisdom Marine Lines Co , Taipei Times , Baltic Dry Index ,

Bulk shipper's profit falls on lower rates

Bulk shipper Wisdom Marine Lines Co (慧洋海運) yesterday said that its pretax profit last month declined 4 percent from a month earlier to NT$991 million (US$35.75 million), as freight rates for small and mid-sized vessels dropped, but expressed optimism about the rate outlook for this month.
The fall affected the shipper, as more than half of its fleet are small and mid-sized vessels. Wisdom has 17 small handysize vessels and 52 handysize vessels among its fleet of 134 ships, company data showed yesterday.
The Baltic Handysize index, which tracks the prices of transporting raw materials via such vessels, slid below 1,600 points ....

T Ai Pei , Baltic Handysize , Wisdom Marine Lines Co , Taipei Times , Wisdom Marine , Kao Shih Ching , James Lan , Wang Yi Hung , Baltic Dry Index , The Taipei Times ,

Pioneer Marine Inc. Bullish Over the Dry Bulk Market's Prospects Moving Forward


Pioneer Marine Inc. Bullish Over the Dry Bulk Market’s Prospects Moving Forward
Pioneer Marine Inc. and its subsidiaries, a leading shipowner and global drybulk handysize transportation service provider announced its financial and operating results for the fourth quarter and year ended December 31, 2020.
Jim Papoulis, Chief Executive Officer commented: “The Baltic Handysize index recovered sharply in the fourth quarter of 2020 and continues to improve during the first two months of 2021. While potential impacts from a third wave of COVID remain, this is a vital indicator that a remarkable turnaround has taken place since spring 2020 when there was a global slowdown. ....

Baltic Handysize , Jim Papoulis , Board Of Directors Pioneer Marine Inc , Pioneer Marine Inc , Chief Executive Officer , Adjusted Net Income , Operating Data , Business Partners , Pioneer Marine , Capital Resources , Fourth Quarter , Flow Review , பலகை ஆஃப் இயக்குநர்கள் முன்னோடி கடல் இன்க் , முன்னோடி கடல் இன்க் , தலைமை நிர்வாகி அதிகாரி , இயங்குகிறது தகவல்கள் , வணிக கூட்டாளர்கள் , முன்னோடி கடல் , மூலதனம் வளங்கள் , நான்காவது காலாண்டு , ஓட்டம் விமர்சனம் ,