Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, … the more prosperous we’ll become.” His words reflect more than economic …
Global Trade: The Pathway to Economic Prosperity Read More »
As expected, tankers command the largest share of the global sanctioned fleet. In its latest weekly report, shipbroker Xclusiv said that “the global sanctioned fleet now totals 1,387 vessels, dominated by 1,004 tankers — a striking 72% of the overall c…
Tankers Are the Biggest Part of the Global Sanctioned Fleet Read More »
Saudi Aramco’s recent price cut, bringing it to the lowest since August 2023, has intensified competition with the US and boosted its share in the Asian market, leading to dynamic changes in LPG shipping. Drewry analyses the possible impact on the trad…
Swinging LPG market: An in-depth analysis from the price perspective Read More »
The 2025 Atlantic hurricane season has so far offered a reminder to those in the industry of just how unreliable long-range forecasts can be on their own. Early outlooks pointed to another above-average year, yet the first half was surprisingly quiet a…
Atlantic Volatility and Maritime Risk: What the 2025 Hurricane Season Reveals Read More »
The latest round of US-China tensions seems to be over, with what appears to be another “good deal”, thus ending the emergency situation in the shipping industry as well . In its latest weekly report, shipbroker Gibson said that “after causing headache…
Shipowners’ Rejoice? Port Fees Postponed Read More »