The second week of October brought both promising and concerning developments in the shipping industry. In the Capesize Brazil to North China route, freight rates continued to exhibit strength, reaffirming their resilience in the face of various market…
The ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf of Guinea and concerns for the Singapore Straits in its latest report for the period of January-September 2023, released today. Ninety-nine incidents of p…
The lower pricing environment and a lack of interest isn’t expected to move the needle in the ship recycling market, at least not anytime soon. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “holidays in the Far East have limi…
Ship Recycling Market Not Likely to Grow in Activity Read More »
Windward’s Risk Insights report is a quarterly update on all risk at sea, offering an overview of any emerging behavioral trends in developing hubs prone to illicit activity. The report analyzes the behavior of tankers and cargo vessels from the …
Russia: Dark Fleet Shows 8% Growth in Q3 Read More »
In the war at sea between the US-NATO alliance and Russia, the Russian shipping company Sovcomflot says its future has never been better. The US State Department directing the sanctions campaign against Russian oil and gas exports says the future for t…