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GLOBALSplash2472h ago

Himalaya pushes rate cover into 2027

Himalaya Shipping has pushed its fixed-rate cover into 2027, converting two more index-linked newcastlemax charters to an average $53,000 per day. The Tor Olav Trøim-backed owner has locked the pair…

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GLOBALSplash2473h ago

Frontline secures multi-year cover for VLCC quartet

Frontline has taken advantage of the red-hot VLCC market to lock four ships into term charters, securing rates of up to $120,000 per day and adding longer-term earnings cover at levels rarely seen in…

GLOBALFreightWaves17h ago

FedEx to invest $150M for air cargo terminal in Delhi

FedEx plans to invest $400 million at two airports in India to upgrade its air cargo facilities. The post FedEx to invest $150M for air cargo terminal in Delhi appeared first on FreightWaves .

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