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…
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…
Global coal trade braces for structural pivot Read More »
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…
Coast Guard: Report of Investigation on 2023 GRANDE COSTA D’AVORIO Vessel Fire Read More »
Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine’s maritime export arteries ov…
Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa Read More »