Omar Nokta News
-
Rates to ship iron ore reached a 19- week high on speculation China, the largest buyer of the commodity used to make steel, will rebuild stockpiles and ease import rules.
-
Oil-tanker rates on the industry’s benchmark trade route snapped the biggest advance this year amid speculation demand slowed for cargoes to load this month.
-
Rates to ship iron ore and other commodities were little changed today amid speculation falling steel prices in China will curb vessel demand.
-
Omar Nokta, a managing director at Dahlman Rose & Co. who covered marine transportation, left the investment bank yesterday after nine years.
-
Omar Nokta left Dahlman Rose & Co. after “a number of years” at the company as a shipping analyst, the New York-based bank said in an e-mailed statement today.
-
Iron-ore ships are poised to earn more than operating costs for the first time this year as rates rally on speculation Chinese steel mills will accelerate imports because of a 1 trillion-yuan ($158 billion) building program.
-
Oil-tanker rates have jumped for vessels hauling refined fuel cargoes from the Caribbean and Europe on strengthening export volumes from the U.S. Gulf, according to investment bank Dahlman Rose & Co.
-
Losses widened for oil tankers hauling 2 million-barrel crude cargoes on the industry’s benchmark route to Asia from the Persian Gulf as the number of bookings slumped.
-
Hire costs of capesize ships that haul ore will rise 25 percent more as exports from Brazil to China drive a rebound that’s doubled rents since Aug. 17, according to Dahlman Rose & Co., a U.S. investment bank.
-
Lower prices for ship fuel, or bunkers, are supporting oil-tanker earnings, according to U.S. investment bank Dahlman Rose & Co.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page