The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normal…
Easing Red Sea crisis might squeeze LR rates amid ballooning fleet Read More »
Turkish authorities rush to evacuate 45 seafarers
Two sanctioned tankers burning in the Black Sea after ‘external’ impact Read More »
Availability of big bulkers is stretched by longhaul bauxite trade
Capesize strength propels Baltic Dry Index above 2,500 points Read More »
Scottish transmission system operator (TSO) SSEN Transmission has collected all permissions needed for a high voltage direct current (HVDC) subsea cable link between Sinclair’s Bay in Caithness and Rattray Head near Peterhead, thanks to a marine licens…
Subcontractor was working on LNG carrier construction
Hanwha Ocean raided over second shipyard fatality in two months Read More »