"John Fredriksen’s Golden Ocean has issued a warning to Korea Line Corp that it pursue any unpaid charter hire. Golden Ocean has two bulk carriers on charter to Korea Line, which went into debt rehabilitation last week". The folks at KLC will not want to mess with Big John. Fair bet that KLC pays
Mr Soutter said he expected that a trend for increased use of containers to ship refined (white) sugar would continue. 'The elderly profile of the tweendeck fleet which for so long has been the workhorse of the bagged sugar trades, mean these vessels are disappearing from international trade,' he said.
This story about the sugar boats does not sound good for TBSI.
Good fortunes
Ski
Dry Bulk Shipping Market Observations & Commentary
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