This week began with announcements of a possible agreement between the US and Iran which would end hostilities and ensure safe passage through the Strait of Hormuz for commercial shipping. As the agreement has now been signed by both parties, our indus…
BIMCO: Lack of details remain a concern in the Strait of Hormuz Read More »
Fuel surcharges have become one of the most challenging and unpredictable components of ocean freight costs for shippers. Cargo owners are often faced with significant variations in surcharge levels between carriers operating on the same trade lane, wi…
The Fuel Surcharge Problem: Is There a Better Solution? Read More »
As geopolitical instability disrupts key global shipping routes, Stamatis Tsantanis, Chairman & CEO of global shipping companies Seanergy Maritime (NASDAQ: SHIP) and United Maritime (NASDAQ: USEA), warns that although the U.S. has helped offset som…
China Increasing Coal Imports as Power Needs Surge Read More »
After nearly 100 days of conflict, the US and Iran agreed on an interim deal. The framework includes removing the blockade of the Strait of Hormuz (by Iran and the US) within 30 days of agreement signing in Switzerland (19 June), and 60 days to pave th…
US–Iran deal: Progress… but not quite lasting peace Read More »
As wind-assisted propulsion scales across the global fleet, operations are advancing faster than regulation. With IMO guidance still under development, safety today rests on strong operational practice, class approval, and the ISM Code. Wind-assisted p…
Wind-assisted propulsion: Managing safety while regulation takes shape Read More »