COSCO Energy orders 6 new tankers

COSCO Shipping Energy Transportation (CSET) has ordered 6 new tanker vessels at a price of CNY 3.496 billion ($378.3 million). The order consists of two aframax tankers, two LR2 vessels, and two panamax tankers, according to the company. Pending shareholder approval, the newbuildings will be constructed at COSCO Shipping Heavy Industry’s shipyards.

Cargill and Hafnia launch Seascale Energy to accelerate the transformation of marine fuel procurement services

shippingherald.com - 10:02

Cargill’s Ocean Transportation business and leading tanker shipping company, Hafnia, have joined forces to launch Seascale Energy, a joint venture,...

Russia is facing serious challenges in oil transportation as U.S. sanctions take their toll, – Bloomberg

eng.uatv.ua - 09/Feb 15:23

On January 10, the U.S. Treasury Department sanctioned 161 oil tankers for transporting Russian oil. These measures, imposed by the outgoing Biden...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

shippingherald.com - 13/Feb 07:52

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for the third...

GTT, COSCO SHIPPING LNG Investment and COSCO SHIPPING Heavy Industry sign a cooperation agreement

shippingherald.com - 11/Feb 07:23

GTT, COSCO SHIPPING LNG Investment (Shanghai) Co., LTD. (CSLNG) and COSCO SHIPPING Heavy Industry Co., LTD. (CHI), have signed a cooperation...

Baltic Index rises as panamax, supramax segments log gains

shippingherald.com - 06/Feb 07:20

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fourth...

Baltic index rises for fifth straight session on stronger panamax, supramax rates

shippingherald.com - 07/Feb 07:24

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth...

Baltic index slips on lower capesize, panamax rates

shippingherald.com - 12/Feb 07:48

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a second straight session on...

Baltic index hits one-month high on stronger rates across vessels

shippingherald.com - 08:08

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a one-month...

Baltic index snaps 3-day losing streak as supramax rates climb

shippingherald.com - 14/Feb 07:44

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, snapped its...

Rising rates across all segments push Baltic index to near one-month high

shippingherald.com - 06:27

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, jumped to a near...

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