The number of vessels that transited the Panama Canal, the world’s second-busiest waterway, fell to an average of 33.7 per day in March for a total of 1,045 ships that month, according to a bulletin on Thursday by its administrative authority.In Februa…
Panama Canal Traffic Dropped in March Read More »
The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just days before direct talks between the U.S. and…
US Targets China Oil Storage Terminal in Iran-Related Sanctions Read More »
Singapore-listed company moves on bulker series after choosing Chinese shipbuilder
Yangzijiang Financial orders up to six bulkers as it shifts focus from tanker space Read More »
Jugwinder Singh Brar is accused of using coastal tanker fleet to take Iranian cargoes that are later blended to conceal origin
US sanctions ‘expansive fleet’ of Dubai shipowner for aiding Houthis and Iran Read More »
The shipping industry isn’t immune to the ongoing trade war between the US and China. In its latest weekly report, shipbroker Xclusiv said that “the latest escalation in U.S.-China trade tensions marks a new phase of economic confrontation, with profou…
Shipping to Face the Aftermath of a US-China Trade War Read More »