Highton triples profit — but is far from finished buying ships
Chinese bulker owner is preparing another major fleet investment programme after a bumper nine months
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Charlie Cunnion Names as Massport New Port Director
The Massachusetts Port Authority (Massport) announced the appointment of Charlie Cunnion as Port Director. Cunnion brings over 25 years of leadership experience across global transportation, supply chain management, operations, organizational transform…
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Tanker Rates Are Up, But So Is Ships’ Supply
Tanker supply has been growing over the past few years, as more and more newbuildings are entering the global fleet. In its latest weekly report, shipbroker Xclusiv said that “tanker fleet growth has accelerated considerably over the past two years, ma…
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MR Freight Divergence: A Market Poised for Rebalancing
MR demand shifts back towards regional trading Pacific origin MR earnings have maintained a substantial premium over Atlantic routes throughout 2026, while regional tonne mile demand has shifted considerably since April as trade patterns adjusted to di…
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Xeneta: The End Of Q3 Knocked Global Reliability Down To 27% On-Time As Delay Climbed To 6.0 Days
Global reliability fell for the fourth consecutive month down to 27% on-time, 2pp lower than August and now matching February’s floor earlier in the year. There is little prospect of hitting a firm floor in October given continued deterioration on Asia…