Senior U.S. and Chinese officials agree that no country can be allowed to exact shipping tolls in the Strait of Hormuz, the State Department told Reuters on Tuesday, in a sign that the two countries are trying to find common ground on efforts…
China and US Agree on Opposing Hormuz Tolls, State Department Says Read More »
Ship owners are increasing their activity in the market for newbuildings and second hand vessels. In its latest weekly report, shipbroker Banchero Costa said that in the newbuilding market, “in the bulk sector, China’s Jiangmen Nanyang Shipbuilding sec…
Newbuilding Activity Growing, While More Deals Evident in the Second Hand Market Read More »
Guinea has long been a cornerstone of the global bauxite trade, and its rapid export growth over the past five years has been a key driver of Capesize demand and firmer freight rates. However, the combination of a stalled Chinese aluminum industry, sup…
What a Guinea Bauxite Export Cap Could Mean for Dry Bulk Read More »
The World Maritime University’s Food4Seafarers project has called for systemic reform in how food is provisioned and managed at sea. Across the maritime industry, there is a growing recognition that seafarer wellbeing is a core operational concern. A h…
Fresh food for seafarers is a strategic imperative for ship owners Read More »
Lower court had ruled that president exceeded his authority with global tariffs