Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like plastic school supplies before cargo ship owners start recouping higher fuel costs from the Iran…
Container Imports Soar at Port of Los Angeles Read More »
A Russian frigate fired warning shots to divert a UK-flagged civilian yacht near British territorial waters on Tuesday, according to statements from Russia’s Defence Ministry and Britain’s Ministry of Defence.The Russian ministry said the crew…
Russian Frigate Fired Warning Shots to Avert Yacht Collision Read More »
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.The operation…
The U.S. is Using Iranian Oil Smuggling Tactics Read More »
AMA Capital Partners Paul Leand has some strong views on elements of Genco Shipping’s battle with Greek owner Diana
The man who ‘sold’ Eagle Bulk tweaks Genco Shipping on eve of proxy vote Read More »
The newbuilding market has remained strong throughout the past week. In its latest weekly report, shipbroker Banchero Costa said that “the NB market remains healthy, with decent number of orders reported this week too; Greek Owner Global Ship Lease (GS…
Newbuilding Market Activity Going Strong Read More »