Iran’s recent attack on Israel has escalated the tensions in the Middle East and raised concerns over LNG trade through the Strait of Hormuz (SoH), a key and only feasible passage for Qatar and the UAE to export LNG. Any further escalation, leading to …
Potential Strait of Hormuz closure threatens 21% of global LNG supply Read More »
The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of container shipping lines in 2024 and beyond. Hua Joo Tan, Founder of container market intelligence analyst firm LINERLYTICA, told the latest episode of …
Shipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse Read More »
Bulker owner feels comfortable with its strategy as it reports solid result
Safe Bulkers lifts profit and strikes charter deals to lock in first-quarter rates Read More »
Western Bulk and ASL Marine grab tonnage for around a year
Diana and KC Maritime join flurry of period charters for kamsarmax bulkers Read More »
Dredging of the Cleveland Harbor federal navigation channel by the U.S. Army Corps of Engineers, Buffalo District and its contractor, Michigan-based Ryba Marine Construction Co., will begin in May. Dredging of harbors like Cleveland’s ensures accessibl…
USACE to Dredge Cleveland Harbor Read More »