Daily Briefing 29 August 2017
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Damage to US oil and gas infrastructure could reverberate across tanker markets
Major oil port expects to start channel surveys as early as Monday
NASDAQ-listed Capital Product Partners has inked time charter deals for three of its medium range tankers helping the firm bring its coverage to 90% in 2017 and 58% in 2018.
The 2015-built, 50,108 dwt IMO II/III Eco chemical/product tanker Amadeus will be employed by Repsol Trading for a period of one year at a gross daily rate of $14,500, from October this year.
Repsol will also have the option to extend the charter for one extra year at a rate of $14,750 per day for the tanker built by Samsung Heavy Industries (Ningbo).
The 2006-built 36,759 dwt IMO II/III chemical product tanker Aktoras and 2007-built 36,725 dwt Aiolos will both be employed by Capital Maritime & Trading Corp for a period of 10-12 months at a a gross daily rate of $11,000 per day with the addition of a 50-50 profit sharing scheme on actual earnings paid every half year.
Tight tonnage in the Pacific did not provide much support to the earnings
US officials continue with investigations to verify the cause of the collision between the warship and oil tanker
Too many people think that today's huge boxships drive around with the precision of a top of the range car
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