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Baltic Exchange: Maritime market highlights 21-27 Mar

The Baltic Exchange, the world’s independent source of maritime market data, has issued its reports for the last week, 21-27 March 2020, to provide information of the bulk and dry market performance. The information is used by shipbrokers, owners & operators, traders, financiers and charterers as a reliable and independent view of the dry and tanker markets.

Maintaining public health and trade flow: A critical COVID-19 conflict

The COVID-19 pandemic has brought an unprecedented disruption to global maritime trade, and an even bigger crisis is down the road unless global coordinated action is taken. Amid a growing uncertainty, the great dilemma for governments seems to be protecting public health and maintaining trade transport at the same time.

EU Commission extends Consortia Block Exemption Regulation

The European Commission has prolonged for another four years the ‘Consortia Block Exemption Regulation’. The regulation outlines the conditions under which liner shipping consortia can provide joint services without infringing EU antitrust rules.

Wallenius Wilhelmsen takes strong action for COVID-19

Wallenius Wilhelmsen decided to take strong action to be ready amid the COVID-19 pandemic. The company will withdraw the proposed dividend for 2019, recycle up to four vessels, while it will also place up to 10 vessels in cold lay-up in order to address vessel overcapacity.

Baltic Exchange: Maritime market highlights 13-20 Mar

The Baltic Exchange, the world’s independent source of maritime market data, has issued its reports for the last week, 13-20 March 2020, to provide information of the bulk and dry market performance. The information is used by shipbrokers, owners & operators, traders, financiers and charterers as a reliable and independent view of the dry and tanker markets.

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