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Charter Rates

Latest From Charter rates

Braemar axes dividend despite improved results

Braemar’s shipbroking business saw a better than expected 26% rise in underlying operating profit to £11.7m

International Charter rates

Safe Bulkers clinches five-year charters for panamax trio

Announcement of new charters comes as Safe Bulkers posts a loss for the first quarter of the year

International Dry Bulk

Has the capesize market found a floor?

While the Baltic Capesize Index has flipped back above zero, current earnings represent only 0.9% of 2008’s golden year

Dry Bulk China

Capesize rates held back by limited Brazil shipments

Braemar ACM analyst Nick Ristic warns of further erosion in freight rates because of vessel oversupply

International Dry Bulk

Clean storage crisis triggers record product tanker earnings

The Baltic Exchange says rates for two long range tankers doubled in 48 hours on benchmark routes, while medium-range tankers plying transatlantic trades are 186% higher than last week at nearly $88k per day

International Tankers and Gas

Gearbulk renegotiates long-term charter rates with Japanese owners

The shipowner says the charter contracts made in earlier years are based on newbuilding prices and rates that are no longer sustainable going forward

Dry Bulk Charter rates

Ardmore predicts tanker rates rebound after coronavirus

The company said the market impact of coronavirus outbreak ‘may well be temporary’ and there were ‘offsetting factors’ to balance falling Chinese oil demand

Tankers and Gas Finance

Indonesia to review regulation on coal shipments

The regulation is due to take effect at the end of April this year

Indonesia Dry Bulk

A dry end to the year for the bulkers market

Charterers were reported to be talking down rates on a lack of real business, according to one broker

International Dry Bulk

Winter slack season subdues box charter market

Although brokers are reporting little action in the market, charter rates remain stable across most ship sizes with only marginal variations being seen on certain fixtures

International Containers

Genco sees a strengthening dry bulk market

The dry bulk carrier owner has installed scrubbers on 12 of its 17 capesize vessels, representing a 71% completion rate

Dry Bulk Charter rates

Container shipping charter market resilient ahead of seasonal slowdown

Demand is proving particularly resilient in the larger sizes, with further tonnage being fixed on long-term charters, according to Alphaliner

International Containers
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