Backhaul route from Asia to the Atlantic falls into negative territory for first time in five months
Dry bulk spends week on the slide as capesizes lose steam on Brazil-to-China trade Read More »
Port of Savannah has 40 container ships waiting at anchorage for berths while ports in New York and Houston also face backups
US East Coast ports face container ship clogs as shippers avoid West Coast terminals Read More »
After selling its entire bulker fleet to another Angeliki Frangou-led outfit, New York-listed company’s main business is centred around its Uruguay terminal complex
Navios Maritime Holdings’ new focus: growing its South American logistics business Read More »
Ability to buy tonnage made even more difficult as restrictions on letters of credit are lowered to a mere $3m
Bangladesh’s recyclers struggle to buy as central bank tightens screws on credit Read More »
Bunker prices would stay high and VLCCs could butt into other trades, but the recovery is underway, French shipbroker says
BRS says tanker improvement here to stay, but VLCCs and bunkers could be speedbumps Read More »