Climate activists blockade Australia’s biggest coal port, threaten ‘landmark struggle’
Exports from the Port of Newcastle stopped for the weekend
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November 2023
Second Israeli-owned ship attacked by Iran-backed forces as shadow war intensifies
No casualties after drone attack on CMA CGM boxship owned by Idan Ofer’s Eastern Pacific Shipping
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EU’s Iron Ore Imports Down Again This Year
Iron ore imports from the EU have been on the decline, with 2023 proving to be no exception. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been so far a positive year for global iron ore trade. In Jan-Oct 2023, global loadi…
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Saudi Arabian crude oil flows: Daily 25d moving average at a higher volume pace with VLCC tankers amid production cuts
In the last week of November, the crude oil freight market showed continued weakness in sentiment, although earlier expectations pointed to a recovery in the very large crude carrier (VLCC) segment. At present, the market appears to be struggling to fi…
Tightening York-Antwerp Rules application
The Court has recently decided “an old chestnut”, namely which version of the York-Antwerp Rules (YAR) applies pursuant to clause (3) of the standard Congenbill 1994 form. This has been debated for years. The Court held that the general average (GA) ad…
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