Enforcers in the Communist Party of China have placed a leading official of the Export-Import Bank of China under formal probe
Investigation targets China Export-Import Bank’s former shipping head Li Li Read More »
Democratic Republic of Congo President Felix Tshisekedi on Monday launched the construction of the country’s first deep-water port, a $1.2 billion project that has drawn criticism for being built on the edge of a protected wetlands.Banana Port, to be b…
Construction Begins for Congo’s First Deep-water Port Read More »
With rates for Capesizes falling to levels lower even from their smaller counterparts, shipping analysts are looking for future trends, which could shape the dry bulk market moving forward. In its latest weekly report, shipbroker Allied Shipbroking sai…
Dry Bulk Market: Will the Current Paradox Become the Norm? Read More »
The annual Shipping Industry Flag State Performance Table, from the International Chamber of Shipping, has identified reporting on seafarer wellbeing as a “casualty of the pandemic,” following its publication this week. The Table is intended to encoura…
Long-term contracted ocean freight rates fell by 3.6% in January, according to the latest Xeneta Shipping Index (XSI®) Public Indices. Based on crowd sourced data from leading global shippers, the analysis shows the second consecutive monthly rates dec…