Shipping companies face a costly dilemma in the Red Sea. Houthi attacks mean vessels passing through the Suez Canal risk being hit with ballistic missiles. The alternative is to go around the Cape of Good Hope, adding more than 8,000 nautical miles to …
Does manipulating AIS data help ships avoid Houthi attacks? Read More »
Rising interest rates have sparked a profit surge for many banks, leveraging the spread between increasing interest income and slowly rising deposit funding costs. This trend has led banks to adjust their portfolio strategies, moving towards assets wit…
Banks get creative to build shipping portfolios Read More »
The U.S. Federal Maritime Commission (FMC) on Friday issued a notice reminding regulated entities that all statutes administered by the agency remain in effect while disruption to regular service at the Port of Baltimore is causing many shippers…
All FMC Statutes & Regulations in Full Effect Following Baltimore Bridge Collapse Read More »
A recent article in The Wall Street Journal claims that the assessment by 74% of poll respondents in election swing states who believe inflation moved in the wrong direction last year is incorrect. The piece went on to state that the respondents’…
MB Shipbrokers says weakness in second quarter will be followed by a rebound later in 2024
Capesize rates to ‘come off significantly’ after best start to the year since 2010 Read More »