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What will happen to container freight rates in 2011?
Increase.
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SHIPPING NEWS » TANKERS

 
Scorpio Tankers Announces Newbuilding, Sales and Charter Agreements
Thursday, 23.Feb.2012, 00:54

Scorpio Tankers Inc. announced today that it has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea to construct a 52,000 DWT MR product tanker, entered into agreements to sell three of its Handymax vessels, and agreed to time charter-in two MR product tankers.

 

Navios Maritime Announces Charters for Five MR2 Product Tankers
Sunday, 05.Feb.2012, 12:04
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out five newbuilding MR2 product tankers.
Greece: Navios Maritime Announces Charters for Five MR2 Product Tankers
Saturday, 28.Jan.2012, 22:52
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today that it has chartered out five newbuilding MR2 product tankers.
Denmark: Maersk Tankers Appoints New CEO
Friday, 27.Jan.2012, 02:08
Hanne B. Sørensen has until now held the position as Chief Commercial Officer (CCO) of Maersk Line and replaces Søren Skou, who recently assumed the position as Maersk Line CEO.
Tanker Incidents down again in 2011
Tuesday, 24.Jan.2012, 22:24
With fleet sizes growing ever larger in a period of loss-making freight rates. With fleet sizes growing ever larger in a period of loss-making freight rates, there have been worries that the quality of tanker operations could fall.
Maersk tanker chief made Maersk Line CEO, Kolding moves to Danske Bank
Monday, 19.Dec.2011, 23:15
SOREN SKOU, Maersk Tankers CEO, will replace Eivind Kolding as Maersk Line's CEO on January 16 when Mr Kolding becomes chairman of the executive board at Danske Bank.
Moody's cuts Ship Finance; warns of more cuts
Thursday, 01.Dec.2011, 21:51
Moody's Investors Service downgraded tanker company Ship Finance International Ltd.'s (NYSE:SFL) junk-level rating, saying the company's significant exposure to shipper Frontline Ltd. (NYSE:FRO) is weighing down its business.
Oil-Tanker Returns Rise to Four-Week High as Ship Supply Drops
Thursday, 01.Dec.2011, 21:47
Returns for suezmax tankers able to haul 1 million-barrel cargoes of crude oil rose to a four-week high as the supply of vessels shrank.
Frontline to sell three crude oil tankers
Friday, 04.Nov.2011, 01:02
Frontline Ltd., the oil tanker operator led by Norway-born billionaire John Fredriksen, said it’s looking to sell three more 1990s-built ships as the company modernizes its fleet while earnings plunge, Bloomberg reports.
Bermuda: Frontline Plans to Sell Three More Tankers
Thursday, 03.Nov.2011, 01:13
Frontline Ltd., the oil tanker operator led by Norway-born billionaire John Fredriksen, said it’s looking to sell three more 1990s-built ships as the company modernizes its fleet while earnings plunge.
German Shipowner Places Seven Chemical Tankers with Navig8 Chemicals
Monday, 31.Oct.2011, 02:20
German based owner Bernhard Schulte has agreed to place 7 chemical tankers of 16,500 dwt in Navig8′s BRIZO-8 Pool.
  » Greece: CPLP Announces Time Charter for VLCCs and Suezmaxes Vessels
  » UK: South Hook Gets 200th LNG Tanker
  » LPG Charter Rates Going Up
  » Denmark: TORM Sells Two Large Product Tankers to Maersk
  » Qatar to Spend USD 1 Billion in Retrofitting and Upgrading Its Tanker Fleet
  » Oil Tanker ‘Newlead Avra’ Waits off Libya for Loading Instruction
  » Europe-U.S. Tanker Glut Expands as Gasoline Demand Declines
  » Global Oil Tanker Fleet Expands Faster Than Demand
  » First Suezmax Tanker Takes Short Cut Along Northern Sea Route
  » Crude oil tanker rates below levels to cover voyage costs



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News in Pictures

Salvage tug connecting to the tanker Shinyo Sawako in South China Sea.


Hot News
Scorpio Tankers Announces Newbuilding, Sales and Charter Agreements
Navios Maritime Announces Charters for Five MR2 Product Tankers
Greece: Navios Maritime Announces Charters for Five MR2 Product Tankers
Denmark: Maersk Tankers Appoints New CEO
Tanker Incidents down again in 2011
Maersk tanker chief made Maersk Line CEO, Kolding moves to Danske Bank
Moody's cuts Ship Finance; warns of more cuts
Oil-Tanker Returns Rise to Four-Week High as Ship Supply Drops
Frontline to sell three crude oil tankers
Bermuda: Frontline Plans to Sell Three More Tankers

 
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