The global seaborne crude oil market grew during the first quarter of 2024, but this wasn’t the case with the Arabian Gulf. In its latest weekly report, shipbroker Banchero Costa said that “2023 has been another positive period for crude oil trade, des…
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global oil demand is expected to notch up some growth in 2024 and 2025, the pace of that increase is slowing dramatically, h…
End of the oil supercycle? Read More »
Like so many industries, the intermodal transportation sector runs on data. Clear, accurate and up-to-date information informs the strategies and business decisions of terminal operators and port authorities. The digital age gives us different methods …
Secure Intermodal Data Practices through the SPEAR Approach Read More »
The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that…
Kruger Named President of Austal USA Read More »
Three missiles were sighted approximately 15 nautical miles southwest of Yemen’s Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged.”The Master has reported two …
Tanker Enroute from Russia to India hit by Missile off of Yemen – Report Read More »