Shipping lines and container owners in North America (majorly in the U.S.) are finding it difficult to return containers to China. To add to the present challenges, the U.S. is also facing major trucking issues that are making cargo movement within the…
Shipping Lunes, Container Owners Struggle to Return Boxes to China Read More »
Following the sale of Capesize bulkers for recycling last week, the trend has continued this week as well, with further transactions reportedly taking place on units – including Capes and a Suezmax tanker, as the market finally shows signs of life afte…
Markets: Ship Scrapping Perks Up Read More »
Boston-based outfit had built stake throughout 2021 and into early 2022 but has been reducing position in leading owners
Low Fidelity: Is giant US investor calling time on faith in dry bulk? Read More »
Iran has agreed to release the crews of two Greek tankers it seized in May in response to the confiscation of oil by the United States from an Iranian-flagged tanker in Greece, a Greek seafarers union said.The months-long diplomatic impasse…
Iran to Release Crew of Two Seized Greek Tankers Read More »
Chief executive and CFO sell $3m-worth of shares weeks after analysts pointed to little share upside
Flex LNG executives strike on stock options to cash in on near-record share price Read More »