Panama Canal eases transit regime further as water levels rise
Daily crossings set to increase to 34 from next month, while maximum draft is raised as well
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June 2024
Laborde Products Names Newman VP of Sales
Laborde Products announced it has appointed Lee Newman as its new Vice President of Sales.Newman brings to the company 26 years in the cardiovascular medical device industry.”I am excited to join Laborde Products and bring my experience in sales to the…
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Red Sea Ships Attacks Push 47% More Crude Oil, Fuels Around Africa
Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West is up 47% since attacks began on vessels using the shorter Red Sea route, the Energy Information Administration said on Tuesday.The…
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Russian Warships En Route to Cuba, Hold Missile Drills in Atlantic
A Russian naval frigate and a nuclear-powered submarine conducted missile drills in the Atlantic Ocean while en route to Cuba, the Russian defence ministry said on Tuesday.The drills by the submarine Kazan and the warship Admiral Gorshkov involved…
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Hapag-Lloyd Sees No Immediate Suez Passage Even if Ceasefire Reached Now
German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal anytime soon, even if a ceasefire between Hamas and Israel was reached now, a spokesperson for the company told Reuters on…
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