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Article Date: 31 / 8 / 2017
Article Title: Oil Traders Grab Gasoline Ships to Replenish Harvey-Hit U.S.
Summary: Oil traders are rushing to book tankers to haul European gasoline across the Atlantic Ocean as Hurricane Harvey transforms the global market for refined fuels.
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Article Date: 31 / 8 / 2017
Article Title: Greece warned over potential ‘mass exodus’ of shipping companies
Summary: Challenges facing Greece and Piraeus, the home of Greek shipping, have become more evident at a time when global maritime clusters around the world are actively working to attract Greek shipowners.
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Article Date: 31 / 8 / 2017
Article Title: Aegean Marine Petroleum Inc. and Freepoint Commodities LLC Announce New Cooperation Agreement
Summary: Aegean Marine Petroleum Network Inc. and Caribbean Bunkers LLC, a subsidiary of Freepoint Commodities LLC announced the signing of an agreement to cooperate on bunkering sales, focused around the U.S. Virgin Islands facility at Limetree Bay, St. Croix.
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Article Date: 31 / 8 / 2017
Article Title: MACROECONOMICS: Labour market tightens but inflation remains subdued around the globe
Summary: BIMCO reported in our previous macroeconomics report in April 2017 that monthly indicators were showing a strengthening in the global economy. The firm growth dynamics in advanced economies have now, four months later, had a cascade effect on some emerging markets and developing economies (EMDE). This solid growth has sparked an appetite for EMDE assets and indicates that the market expects a pickup.
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Article Date: 31 / 8 / 2017
Article Title: CONTAINER SHIPPING: Solid demand growth reduces spot rate volatility
Summary: As freight rates are coming back from the abyss, their actual rise seems to be magnified beyond their actual performance. Some container spot freight rates are up more than 100% from the very low levels of last year, but may still be at a loss-making level now and so spot rates are not the best indicator for market profitability.
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Article Date: 31 / 8 / 2017
Article Title: DRY BULK SHIPPING: Strong demand improves market as it exceeds high fleet growth
Summary: Since early July, the capesize rates have gone up and up. By mid-August, they had reached a breakeven level to become profitable. BIMCO estimates that a capesize ship on average fleet financing and operational cost levels, turns profitable when rates are above $15,300 per day.
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Article Date: 31 / 8 / 2017
Article Title: TANKER SHIPPING: All eyes on oil market rebalancing – is it happening or not?
Summary: The global tanker industry is directly linked to the global oil industry. Right now, demand for seaborne transport of oil is below normal and fleet growth is high, which means that the fundamental balance is uneven. The result is declining tanker earnings with the main culprit being the fast-growing fleet.
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Article Date: 26 / 8 / 2017
Article Title: Navios Maritime Containers Inc. Announces $50.0 Million Private Placement at $5.0 per Share
Summary: MONACO, August 25, 2017 – Navios Maritime Containers Inc. (“Navios Containers”), a growth vehicle dedicated to the container sector, announced today that it has agreed with investors to sell 10.0 million of its common shares for an aggregate of $50.0 million of gross proceeds at a subscription price of $5.0 per common share.
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Article Date: 25 / 8 / 2017
Article Title: STEALTHGAS INC. Reports Second Quarter 2017 Financial and Operating Results
Summary: - STEALTHGAS INC. (GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter ended June 30, 2017.
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Article Date: 19 / 8 / 2017
Article Title: TEN Expands its Strategic Relationship by Chartering Two Additional Suezmaxes to a Major US Oil Concern
Summary: TEN, LTD. (NYSE:TNP), a leading crude, product and LNG tanker operator, today (18/08/2017) announced the expansion of its long term strategic alliance with a majorUS oil concern.
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Found 2395 articles in 240 pages, this is the page 1
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