The U.S. aircraft carrier USS Carl Vinson arrived at the southern city of Busan in South Korea on Sunday as a show of force, South Korea’s navy said.The visit was part of the “ironclad” commitment of the United States to extended deterrence…
US Aircraft Carrier Visit Demonstrates Support for South Korea Read More »
The tanker market could face significant consequences from potential US measures against Chinese-built ships. In its latest weekly report, shipbroker Gibson said that “this week, many in the shipping industry likely heard about Section 301 of the US Tr…
US Measures Against Chinese-Built Ships Could Ban 60% of the Global Fleet Read More »
Capesize The Capesize market saw a strong upward trajectory throughout the week, with the BCI 5TC surging from $8,620 on Monday to $15,074 by Friday, reflecting improved sentiment across both basins. The Pacific market was notably firm, driven by a tig…
Dry Bulk Market: Capesizes in Strong Momentum Read More »
The share of US imports in the global aluminium trade has been declining gradually over the past few years, while the country’s share in the global imports of iron and steel has been increasing. For any significant decline in US imports, the country wi…
U.S. metal trade dynamics: Tariffs, imports, price surge and its impact on shipping Read More »
Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026.The reinforcement of…
Petrobras Ups Ship Orders to 48 by 2026 Read More »