Yemen seeks support in preventing Houthi control of Red Sea chokepoint amid bloody counterattack
Diplomat warns that rebels won’t stop unilaterally after territorial gains
Japanese-built Dry Bulkers Still in High Demand
Buying interest remains high for both newbuilt and second-hand Japanese bulkers. However, all ships aren’t equal. In its latest weekly report, shipbroker Xclusiv said that “Japan’s dry bulk shipbuilding market is dominated by a relatively small group o…
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Petrofin Research: Greek Fleet Showing Signs of a Slowdown As Consolidation Continues
In this report we cover the composition and development of Greek shipping companies and their fleets in 2025 and their prospects for 2026 and beyond. We trust that you will find of interest the report and trends that were identified during that period….
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Crude tanker rates hit new highs as Hormuz risk escalates
Crude tanker rates have broken to fresh highs as Iranian and US attacks across the Persian Gulf and Strait of Hormuz push shipping risk to its highest level since the war began. The pace of attacks has accelerated notably over the past 2 weeks, with ro…
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Destination Agent Compliance Under the Shipping Act
Foreign non-vessel-operating common carriers (NVOCCs) increasingly rely on U.S.-based logistics companies to serve as destination agents. These arrangements involve a domestic provider handling cargo receipt, warehousing, customs coordination…
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