China ended two days of war games around Taiwan in which it simulated attacks with bombers and practiced boarding ships, exercises that Taiwan condemned as “blatant provocation” on Saturday, detailing a surge of Chinese warplanes and warships.Chinese…
China Ends War Games Read More »
Yemen’s Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea, the Iran-aligned group said on Friday, although the manager of the ship allegedly attacked in the Mediterranean said there was no sign of such…
Houthis Claim Attacks on Three Ships Including One in Mediterranean Read More »
North Korea’s defence ministry accused the United States and South Korea of ramping up reconnaissance activities around the inter-Korean border, warning that it will act if its sovereignty and security is violated, state media KCNA said on Sunday.North…
North Korea Accuses US, South Korea of Spying Read More »
Tanker market participants will be closely watching OPEC’s upcoming meeting, in order to draw any conclusions for the future of the oil market’s dynamics. In its latest weekly report, shipbroker Gibson said that “oil markets once again are carefully wa…
Tankers: Oil Market Direction to Impact the Market Moving Forward Read More »
Capesize The CapesizeTimecharter Average (C5TC) closed on a positive note on Friday before entering the last week of May, which will start with a public holiday in the UK next Monday. The C5TC at $21,674 is about $500 lower week-on-week but $5,000 high…
Dry Bulk Market: Capesize Ends Week on Positive Note Read More »