Fishing Feeds & News

U.S., China Said to Reach Partial Deal, Could Set Up Trade Truce

News from gCaptain - Fri, 10/11/2019 - 11:45
By Jenny Leonard (Bloomberg) — The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal that Presidents Donald Trump and Xi Jinping could sign later this year, according to people familiar with the matter. As part of the deal, […]
Categories: Maritime News

U.S. Sanctions Hit Global Oil Fleet as Traders Shun Nearly 300 Tankers

News from gCaptain - Fri, 10/11/2019 - 09:40
By Marianna Parraga and Roslan Khasawneh MEXICO CITY/SINGAPORE, Oct 11 (Reuters) – Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said. The move has taken roughly 3% of the global oil tanker fleet out of […]
Categories: Maritime News

Asia Oil Buyers Grapple with Rising Costs as Tanker Rates Surge

News from gCaptain - Fri, 10/11/2019 - 09:31
By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Oct 11 (Reuters) – Asian oil refiners are grappling with a jump in global freight rates that shows no sign of abating, driving up costs of crude imports from all regions in the fourth quarter, industry officials said. The cost of shipping crude from the Americas, Europe, […]
Categories: Maritime News
Syndicate content