The UK government has extended its efforts to cement stronger rights and protections in law for seafarers.Following the introduction of the national minimum wage equivalent for seafarers in domestic waters, the new laws being developed would…
UK Government to Boost Seafarers’ Rights Read More »
Salvage costs mount as insurer has yet to settle total-loss claim
Chinese shipowner weighs Taiwan court challenge over $33m grounding Read More »
Vessel was sanctioned for carrying Iranian fuel oil and bitumen
Tanker burning in Gulf of Oman was hit by US fighter jet Read More »
The VLCC tanker market seems to be witnessing reduced volatility after a multi-week turbulence. In its latest weekly report, shipbroker Gibson said that “the global VLCC market appears to have entered a phase of cautious stabilisation with freight rate…
VLCC Market Seems to Be Stabilizing Read More »
Global trade today is at the centre of a ‘structural stress’ in which geopolitics, energy dependency and climate constraints are crashing together to reshape flows of goods, capital and policy priorities. That was the central theme of a recent wide-ran…
Choke points, energy shock and policy drift Read More »