Qatar said Monday that it will leave the oil cartel OPEC on January 1 after nearly 60 years. The announcement was made in a series of tweets.Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, announced Qatar’s withdrawal from OPEC…
Qatar Quits OPEC to Focus on LNG Read More »
South Korea’s largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the…
Hyundai Merchant Marine to Say Good Bye to 2M Alliance? Read More »
The immediate restoration of grains and steel imports would induce longhaul shipments, which is likely to boost tonne mile demand
Related StoriesHMM in talks to become new alliance memberMaersk to focus on utilisati…
US-China tariff ceasefire to restore dry bulk trade flows Read More »
Trade truce buoys shipping outlook | Scrubber lobby responds to Singapore ban | 2019 Dry Bulk Outlook | Top 10…
Daily Briefing December 4 2018 Read More »
MSC says that it expects to incur costs in excess of $2bn annually as a consequence of the IMO’s red…
Related StoriesHMM in talks to become new alliance memberMaersk to focus on utilisation rather than scaleQatar …
CMA CGM and MSC justify bunker surcharges Read More »