The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is “very damaging” to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The…
Shell Exec Says Trump Halting Wind Projects is Harmful Read More »
U.S. forces hit another vessel allegedly carrying illegal drugs off the coast of Venezuela on Saturday evening, U.S. President Donald Trump said on Sunday, adding that the U.S. would also start looking at drug trafficking occurring on land.Trump…
Russia Condemns US Boat Strikes off Venezuela Read More »
After 2.5 years, Kurdish crude has been flowing once again. In its latest weekly report, shipbroker Gibson said that “Saturday saw the resumption of Kurdish crude flows through the Kirkuk-Ceyhan pipeline after a halt of two-and-a-half years, with initi…
Tanker Market: The Impact of Kurdish Oil Flows Reentering the Market Read More »
Capesize The Capesize market endured a challenging week, marked by a steady decline in rates and a sharp deterioration in sentiment midweek. The BCI 5TC fell from just above $29,000 on Monday to $22,595 by week’s end, pressured by unconfirmed reports t…
Dry Bulk Market: Capesize Endure Challenging Week Read More »
Leading shipping companies are engaging in record levels of M&A activity, driven by macro-economic and geo-political events, increasing decarbonisation regulations and improved financial trading performance Despite disruptions and uncertainties fro…
How they spent it – Recent trends in shipping M&A Read More »