Performance Shipping Inc., a global shipping company specializing in the ownership of vessels, reported net income of $1.3 million for the first quarter of 2020, compared to a net loss of $0.2

Scorpio Tankers, Inc. announced that it has closed a previously announced credit facility with a group of European financial institutions.

Market Analysis

11th-17th May 2020, Week 20

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three-month period ended March 31, 2020.

Η ελληνική ναυτιλία διατηρεί σταθερά τα τελευταία χρόνια ηγετική θέση, ποσοτική και ποιοτική στη διεθνή ναυτιλιακή βιομηχανία.

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announces that it has agreed to acquire a newbuild 308,000 dwt crude oil carrier, or “VLCC”, in combination with a 7-year bareboat charter,

Survey results show that important segments of the European shipping industry are heavily impacted, and European or national measures are not always available in all member states to alleviate the situation.

Good operational performance overtaken by significant fall in financial asset values. This resulted in a USD 284 million net loss for the Wilhelmsen group in the first quarter.

Market insight

By Dimitris Kourtesis

Tanker Chartering Broker

On May 15, 2020, the liquefied natural gas (LNG) carrier ELISA LARUS, owned by France LNG Shipping (a French ship-owning company jointly owned by NYK and Geogas LNG*) and under a