A potential tariff threat could be looming for over 4.5 mbd of crude oil entering the US from Mexico and Canada. In its latest weekly report, shipbroker Gibson said that “President-elect Donald Trump has announced that he will implement a 25% tariff on…
Tankers: Is Mexican and Canadian Crude Oil in Peril from Trump’s Tariffs? Read More »
Capesize The Capesize market experienced a turbulent week, marked by a mix of sporadic positivity and mounting downward pressure. The BCI 5TC started the week at $21,673, gained ground midweek, peaking at $23,049 on Tuesday, but plunged to $17,686 by F…
Dry Bulk Market: Capesize Market Faces Headwinds Read More »
Donald Trump’s announcement on Monday of an additional 10% tariff on all China imports and 25% from Canada and Mexico is a warning to shippers over the unpredictability and chaos awaiting in 2025. During the election campaign, Trump vowed 60% tariffs o…
Fourth commercial office for Idan Ofer-led company
Eastern Pacific opens new Shanghai office to deepen relations with China Read More »
Dalian-based shipowner contracts two handymaxes
China’s Chun An inks first-ever newbuilding order as it beefs up bulker fleet Read More »