The bad news for liner operators appears to have no end. In a normal year, the weeks leading up to Chinese New Year (CNY) bring an increase in volumes and freight rates. So far, however, the lead-up to CNY in 2023 has been the worst in 13 years. Spot r…
Chinese export container rates drop 27% as usual Lunar New Year cargo rush fails Read More »
Maritime is at the center of global trade and many sectors rely upon the industry for safe transportation of critical goods. For instance food imports and building supplies. Despite this criticality, maritime infrastructure remains vulnerable and large…
Vessel Vulnerabilities: Why Attackers Increasingly Target Maritime Read More »
Crude oil imports into China were down 4.6% year-on-year during the first 11 months of 2022. In its latest weekly report, shipbroker Banchero Costa said that “2022 has turned out to be a very positive year for crude oil trade, despite the surging oil p…
China’s Crude Oil Imports Retreated During 2022 Read More »
Since the end of 2020, Scorpio Bulkers has been gradually disposing of its dry bulk vessels. In the world of entertainment, this would have been classed an extreme makeover. Why did your company reinvent itself as Eneti? There were several factors that…
From coal to renewables – lessons to learn from a total transformation Read More »
Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven. The LNG ship Maria Energy, owned by Tsakos Energy Navigation, a major energy mover, was loaded in Calcasieu Pa…