Singapore company and director charged with providing flag services to UN-sanctioned vessel
The small general cargo ship Petrel 8 was sanctioned by the United Nations in 2017 for transporting illicit coal to North Korea
August 2026
Houthis deny plans for chokepoint toll
Rebel groups ask shipowners to report fraudulent attempts to secure money in its name
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Greek bulker arrested as Piraeus Bank chases owner for mortgage payments
Greek bank has lodged a hefty mortgage claim against two ships that trade in Kyla Shipping’s fleet
Greek bulker arrested as Piraeus Bank chases owner for mortgage payments Read More »
Tanker Market: New Routes Underway, as Hormuz Status Changes
With many observers believing that even if an accord is reached regarding the safe transit of ships across the Hormuz Strait, it will always remain an area of potential unrest and peril, alternative routes are currently underway, mainly through the use…
Tanker Market: New Routes Underway, as Hormuz Status Changes Read More »
Dry Bulk Market: Capesizes Gaining Momentum
Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by Friday. Early pressure was driven by subdued cargo volumes, particularly in the Atlantic, while easing bunker prices encouraged lower…
Dry Bulk Market: Capesizes Gaining Momentum Read More »