The Brazilian iron ore market has improved during 2023, with exports on the rise, much to the delight of the dry bulk market. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore tra…
Brazil’s Iron Ore Exports on the Rise in 2023 Read More »
The prolonged war between Ukraine and Russia has notably impacted the shipping industry with substantial disruptions in maritime trade routes, leading to an alteration in shipping patterns and fluctuations in shipping companies’ earnings. Black S…
With increasing sanctions, divergent programmes, and confusing regulations, shipping companies must adapt and invest heavily in compliance measures. Speaking at a Reed Smith seminar at London International Shipping Week, Alexander Brandt, a partner in …
Navigating shipping’s ever-changing sanctions landscape Read More »
A key stretch of the lower Mississippi River dropped this week to within inches of its lowest-ever level and is expected to remain near historic lows just as the busiest U.S. grain export season gets underway, according to the National Weather…
Mississippi River Near Historic Lows, Grain Exports at Risk Read More »
The Phoenix Harmonia, a liquefied petroleum gas (LPG) powered very large LPG/ammonia carrier, has been constructed by Namura Shipbuilding Co., Ltd. and delivered to MOL Energia Pte. Ltd., a Singapore-based company of Mitsui O.S.K. Lines Group…
Very Large LPG/Ammonia Carrier Phoenix Harmonia Enters Service Read More »