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Supertanker freight rates are on the rise again as producers, refiners and traders scramble to secure ships for transport or storage amid an increasing global glut of oil.Freight rates for VLCCs along
Oil traders have chartered at least five supertankers in the past day with options to store oil at sea, as global stocks rise after the U.S. decided not to purchase oil for its emergency reserve, Reut
The oversupplied market may drive as much as 100M barrels of oil into floating storage "and probably more," International Seaways (INSW +6.3%) CEO Lois Zabrocky tells Bloomberg."This is a
Shippers say crude oil freight rates are easing off record highs as charterers balk at the nosebleed charges and await Saudi volume plans for April, Reuters reports.At least nine VLCC provisional char
Benchmark Middle East-China tanker rates surge another 15% to WS 178.75, equating to earnings of $194,297/day, to reach a fresh YTD high, Bloomberg reports.Other major VLCC rates also increased, inclu
Oil traders and Asian refiners chartered another 25 Very Large Crude Carriers in the past 48 hours with rates hitting $300K/day, Lloyd's List reports.Maran Tankers-operated Maran Antares reportedly wa
Benchmark Middle East-to-China tankers surged 12% to WS 54.58, the highest since Jan. 30 and equating to dayrates of $38,694, up 28% from Friday, Bloomberg reports, citing Baltic Exchange data.Other m
A bullish environment is ahead for the global tanker freight market despite temporary impacts of the coronavirus outbreak, International Seaways CEO (NYSE:INSW) Lois Zabrocky said today.Although overa

Fixed-Rate Preferred Stocks - Complete Review

12:02am, Wednesday, 04'th Mar 2020
We'll take a look at the main indicators that we follow and their behavior during the last month. All the preferred stocks are sorted in categories. What has ch
The Baltic Dry Index rose 1.86% to 549 points in London to make it 13 straight days of incremental gains for the measure of dry bulking shipping rates with port activity in China improving from a nea
Q4 2019 Navios Maritime Holdings Inc Earnings Call
Navios Maritime Partners L.P. (NMM) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Baltic Dry Index continues slow recovery

02:35pm, Thursday, 20'th Feb 2020
The Baltic Dry Index rose 3.23% to 480 points in London to record a fifth straight day of gains for the measure of dry bulking shipping rates. The Baltic Dry Index bottomed out at 411 on February 10.
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