The loan is worth USD 90 million, which will be used to finance 60 percent of the value of the company’s six Ultramax bulkers. The…
By Mikael Holter and Jeremy Hodges (Bloomberg) — Not far from Norway’s North Sea oil rigs, shipbuilders are assembling some of the first ferry boats…
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, fell on Monday, hurt by weaker demand for capesize vessels….
