The U.S. military on Monday denied claims made by the Yemeni Houthi movement that it had attacked American cargo ship Ocean Jazz in the Gulf of Aden.”The Iranian-backed Houthi terrorists’ report of an alleged successful attack on M/V Ocean Jazz is pate…
US Denies Houthis Claim of Attack on US Military Cargo Ship Ocean Jazz Read More »
For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe…
Red Sea Shipping Attacks Pressure China’s Exporters Read More »
A number of factors have been contributing to the dry bulk market’s weakness of late. In its latest weekly report, shipbroker Intermodal said that “the onset of 2024 has ushered in a downward trend for dry bulk owners. Historically, the initial two mon…
Is the Dry Bulk Market Primed for a Recovery? Read More »
The global demand for lithium for use in batteries has led to an increase in shipments of spodumene, a cargo which possess shifting and / or liquefaction risks. What is spodumene? Spodumene is a lithium aluminium silicate and is the world’s most abunda…
Lithium surge raises stability concern Read More »
Containerships are just about managing to maintain daily transit averages through the Panama Canal, while other sectors reroute. While most eyes are on the situation in the Red Sea and diversions from the Suez Canal, it is worth keeping an eye at happe…
Panama Canal: Containerships benefiting from other sectors’ exodus Read More »