RECENT NEWS
Baltic index extends losses on lower vessel demand
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a third straight session on Thursday, as rates across all vessel segments declined. The overall index, which factors in rates for capesize, panamax and...
Hayfin to acquire up to $1bn of shipping assets through Maritime Yield strategy, building on longstanding sector track record
Hayfin Capital Management (“Hayfin”), a leading alternative credit platform, today announces that it has completed a fundraising process for its Maritime Yield strategy. Having attracted c.$400m in capital commitments for the fund, Hayfin will have the capacity to...
China’s Nov iron ore imports stay at elevated level on improving margins
China’s iron ore imports in November climbed 3.4% from October, customs data showed on Thursday, as improved steel mill margins and a rebound in the yuan underpinned buying of the key steelmaking ingredient. The world’s largest iron ore consumer brought in 102.74...
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15 NOV 2023 Issue
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