The dry bulk market has logged eight consecutive increases, prior to yesterday’s halt. In its latest weekly report, shipbroker Xclusiv commented that “everyone is watching the “crazy” rally in the dry market. On Friday 1st December 2023, Baltic Dry Ind…
Dry Bulk Market’s Rally is Making Headlines Read More »
The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) strategy adopted during MEPC…
Sea Cargo Charter to align with new emission goals Read More »
The Suez Canal, the SUMED pipeline, and the Bab el-Mandeb Strait are strategic routes for Persian Gulf oil and natural gas shipments to Europe and North America. Total oil shipments via these routes accounted for about 12% of total seaborne-traded oil …
Red Sea chokepoints are critical for international oil and natural gas flows Read More »
Austal USA has named Jim Blastos as vice president supply chain management, with responsibility for the company’s procurement, strategic sourcing, warehousing, logistics, material management and production control activities.Blastos has over…
Austal USA Names Blastos VP of Supply Chain Management Read More »
Price cap one year on: European involvement continues to decline after eight tankers blacklisted since October by the US
US price cap action squeezes EU operators out of Russian trade Read More »