Donald Trump to become the next President of the United States

Against all media projections, Donald Trump managed to beat Hillary Clinton in the race to succeed Barack Obama as President of the United States. This could create challenges for container carriers, as the business mogul has long been advocating a more protectionist stance for the US.

This is how Trump's victory will impact shipping and oil  

Maersk deemed highly exposed to Trump victory  

Tanker carriers could benefit from Trump's triumph  

Photo: Shell

Tanker carriers struggling with low rates

The tanker rates dropped big-time in the third quarter, and the development is reflected in the results from carriers transporting crude oil and oil products. Several carriers, however, project that the fourth quarter will bring stronger earnings.

Norden lost USD 12 million in Q3  

Team Tankers slides into the red in Q3  

Nordic American Tankers booked Q3 loss  

Navig8 Chemical takes dive in Q3  

Tanker carriers dive on uncertainty in the oil market

Photo: Norden

Norden and Celsius Shipping target dry bulk vessels

While the tanker market took a dive, both Norden and Celsius Shipping are betting big-time that the dire dry bulk market has reached rock-bottom. As such, Norden is looking to grow its chartered fleet in the segment, while Celsius Shipping has gone shopping.

Norden wants "significantly" more dry bulk vessels in its fleet

"Lately, we've been buying a bulk vessel once a week"