Greece introduced a 20-euro ($23) fee on tourists arriving on Santorini by cruise ship on Tuesday to try to rein in overtourism and collect revenues to upgrade the island’s infrastructure.The volcanic island in the Aegean Sea attracts about 2 million t…
Greece Imposes Levy on Santorini Cruise Visitors Read More »
The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in Washington that Tehran was gearing up to blockade the Strait of Hormuz following Israel’s strikes on sites across Iran, according t…
Iran Made Preparations to Mine Strait of Hormuz, US Sources Say Read More »
Dry bulk carriers have been in high demand over the past few weeks, both in terms of newbuildings and second hand sales. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market “in the dry sector, Chinese company Shan…
Dry Bulk Carriers In Demand Read More »
Ordering of alternative-fuelled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fuelled vessels reached 19.8 mil…
Alternative fuels orderbook shows resilience amid overall decline in newbuild market Read More »
Russia’s shadow tanker fleet has at least tripled since the 2022 invasion. US-EU sanctions are steadily blacklisting hundreds of ships, pushing up the cost of evasion and shrinking safe harbours. Operators are masking ownership through shell firms, swa…
Shadow Fleet Exposed by Sanctions and Sensors Read More »