The Financial Times published an interview with Maersk’s CEO, Vincent Clerc, on Sunday. This could reduce the company’s dependence on China, and help the industry to decarbonise.Clerc stated that the U.S. and Brazil are the leading producers…
New York’s Attorney General sued the Trump Administration on Friday for suspending the construction of two major offshore wind project that the state says it needs to power a million homes and reduce its reliance on fossil fuels.Letitia J. James…
While US defence department makes no announcement of working with Venezuela
The tanker market is seeking some forward momentum after the first few days of trading in the new year. In its latest weekly report, shipbroker Fearnley’s said that in the VLCC market, “no” is also a complete sentence and with WS 50 give/take having be…
Tanker Market: Correction Over, or Is There is Still Some Room Left? Read More »
The global shipping industry is entering 2026 firmly as a shipper-driven market, shaped by a widening supply–demand imbalance and easing freight rates, according to an industry outlook shared by Supal Shah, CEO of Sarjak Container Lines. “While freight…