The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commi…
US to Reimpose Oil Sanctions on Venezuela Read More »
International Seaways and Dorian LPG have different reasons for inviting major shipowners into their backyard
New York shipowners roll out the red carpet for John Fredriksen and Andreas Sohmen-Pao Read More »
Russian LNG keeps flowing into the EU, albeit at a much lower level. In its latest weekly report, shipbroker Xclusiv said that “over two years since the Russian invasion of Ukraine, the EU continues its efforts to weaken Russia financially through sanc…
Russian LNG to Europe: Is it Game Over? Read More »
Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023. During the pa…
COVID pandemic wiped 24.6 million TEU off container market growth Read More »
New data from Tradeshift’s Q1 Index of Global Trade Health paints an encouraging picture for global trade, with robust growth observed in China and the US, alongside indications of a rebound in global demand for manufactured goods. Total transact…