The conclusion of January presents an intriguing perspective on freight rates for LR2 clean product tankers, with recent rate spikes expected to persist into February due to heightened concerns in the Red Sea, influencing cargo deviations. A thorough a…
The United Nations’ trade body has cautioned that the rising assaults on ships in the Red Sea are exacerbating challenges for shipping routes already impacted by conflicts and climate change. The combination of attacks in the Red Sea, geopolitical tens…
Ripple effect of Red Sea attacks Read More »
St. Johns Ship Building announced it has appointed Joe Rella as president, succeeding Jeffery Bukoski, who left the role at the close of 2023.Rella brings over four decades of U.S. Navy and commercial maritime experience to his new position at the Pala…
St. Johns Ship Building Names Joe Rella as President Read More »
US institutional investor ups Scorpio stake but cuts Ardmore and International Seaways
BlackRock reshuffles tanker exposure as stocks continue slide Read More »
Liner operator follows the path already taken by rivals as Iran-backed militant group expands range and targets
CMA CGM suspends Red Sea transits after Houthi attack Read More »