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Dry Freight Wire delivers the most important developments in the dry freight market, daily, direct to your inbox, as well as independent freight rate assessments.
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Mediterranean Aframax freight rates drop sharply on longer tonnage list: sources
London (Platts)--29 Jul 2014 653 am EDT/1053 GMT

Aframax freight rates on the Black Sea-Mediterranean and Cross-Mediterranean routes tumbled Worldscale 37.5 to w90 Monday on a substantial list of available ships in the region.
Global oil shippers adrift on troubled seas
June 19, 2012 13:00:00 EST

Though posterity may declare recent years a "boom time" for the oil industry, shipping is one sector where this statement would largely not apply. In this videoRichard Swann and Simon Thorne and Ellie Weir discuss how oil shippers across the globe are coping with falling demand & a huge over-supply of vessels, & changing trading flows.
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