The Australian Border Force (ABF) and Australian Federal Police (AFP) have seized almost 65kg of cocaine potentially worth more than A$21 million ($14 million) from a shipping container in Brisbane.The consignment came from Panama and was declared…
Australian Authorities Seize Cocaine from Shipping Container Read More »
Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October…
UK to Ban Maritime Services for Russian LNG Exports Read More »
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the…
Container Freight Rates Could Plunge with End of Houthi Attacks Read More »
The Iranian-flagged dhow used as a mother ship in the piracy incident involving the Merchant Tanker Hellas Aphrodite has been captured by EUNAVFOR Operation Atalanta.The dhow, abandoned by the alleged pirates on the North-Western coast of Somalia…
EUNAVFOR Atalanta Takes Control of Pirate Dhow Read More »
Ship owners poured funds into more tanker newbuildings over the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Belgian owner EBE Maritime placed an order of 1 x 210,000 DWT Newcastlemax to China’s Qingd…
Tanker Newbuildings in Demand Read More »