Eagle Bulk swoops on modern Union Maritime ultramax for $30m
Diana Shipping also rumoured to acquire Norden ultramax for $26m
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February 2023
First Azeri Oil Leaves Turkey’s Ceyhan Since Quakes
The Nordlotus sailed from Turkey’s Ceyhan oil export hub loaded with Azeri crude on Monday, the first such shipment since earthquakes hit the region on Feb. 6, ship-tracking data showed and a trading source said.The tanker carried 682,500 barrels of oi…
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Passenger Vessels: Rising to the Challenge
Interferry CEO Mike Corrigan explains the driving forces behind the global trade association’s imperative to keep its foot on the gas.Interferry and its members scaled some demanding peaks in 2022 but, to state the obvious, our work is never done.
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Maersk Sues Evergreen Over Suez Canal Blockage
Shipping group Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever Given, which blocked the Suez Canal for six days in 2021, claiming compensation for delays caused by the incident.The Danish company…
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Too high on crack? How refinery spreads may have tripped up tanker investors
Market players possibly also made faulty assumptions about Europe’s ban on Russian clean product cargoes
Too high on crack? How refinery spreads may have tripped up tanker investors Read More »