Venezuela says ‘joint operation’ with US brings seized tanker back to South American nation
While US defence department makes no announcement of working with Venezuela
Tanker Market: Correction Over, or Is There is Still Some Room Left?
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…
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Global Shipping Outlook 2026: Shipping rates to fall in 2026, but geopolitics and regulation cloud outlook
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…
Global coal trade braces for structural pivot
The global coal trade landscape is edging towards a significant recalibration, marked by a decisive shift from years of expansion toward a structural plateau. According to the International Energy Agency’s latest analysis Coal, the industry is facing a…
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Coast Guard: Report of Investigation on 2023 GRANDE COSTA D’AVORIO Vessel Fire
The Coast Guard’s Office of Investigations and Casualty Analysis recently released a Report of Investigation (ROI) regarding the fire on the Italian flagged cargo vessel GRANDE COSTA D’AVORIO and subsequent fatalities of two Newark Fire Department fire…
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