At the end of the month, there’s a notable upturn in the Capesize Brazil to N China route, with rates reaching new highs since the year’s outset. However, it remains uncertain whether this firmness will persist into March. Interestingly, de…
Will the India-Middle East Corridor (IMEC) replace a large chunk of the Suez Canal traffic to Europe? Nope! At most, a few crumbs. Dry canals cannot compete with ‘wet’ canals! And that is why there is no truly dry canal in the world. The he…
Beyond the Houthis’ attacks on shipping: The absurdity of the India-Middle East Corridor Read More »
JSI Alliance combines three companies’ commercial activities and fleet of multipurpose and heavylift vessels
Intermarine joins Jumbo-SAL venture to forge 50-ship ‘powerhouse’ Read More »
US-listed owner is trying to find new employment for vessels but has not ruled out disposals
Fixing shuttle tankers is more lucrative than selling them, KNOT Offshore boss Lowe says Read More »
A bottleneck of vessels waiting to load crude and fuel in Venezuela has increased in recent weeks as state-run oil firm PDVSA struggles to deliver cargoes on time, according to people familiar with the matter, documents and shipping data.PDVSA has soug…
Tanker Backlog Grows in Venezuela as PDVSA Struggles to Deliver Oil Read More »