The Panama Canal, a key player in global shipping, faces a dire crisis due to an unprecedented drought, casting shadows over trade dynamics and supply chains. The Panama Canal, an 80-kilometre-long, man-made waterway connecting the Atlantic with Pacifi…
Panama drought and its impact on bulk shipping Read More »
Greek shipping company Pyxis Tankers announced it has agreed to sell the vessel Pyxis Epsilon, a 2015 built 50,295 dwt. product tanker, for a sale price of $40.75 million in cash to an unaffiliated buyer located in the United States.Completion…
US Buyer Scoops Pyxis Product Tanker for $40.75 Million Read More »
Turkey’s crude oil exports have been a major contributing factor in the country becoming a major player in the Mediterranean, despite the absence of its own reserves. In its latest weekly report, shipbroker Banchero Costa said that “2023 so far has bee…
Turkey A Major Crude Oil Exporter and Major Oil Player in the Mediterranean Read More »
At the London International Shipping Week headline conference, Yana Popkostova, the founder and managing director of the European Centre for Energy and Geopolitical Analysis, delivered a speech that delved into the complex relationship between geopolit…
Geopolitics, decarbonisation, and shipping’s future Read More »
Ships play a crucial role in global trade, transportation, and exploration. However, their operations are inherently exposed to various risks, ranging from maritime accidents to piracy, war and environmental hazards. Implementing effective risk prevent…
Possible Strategies for Risk Prevention on Maritime Assets Read More »