The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to normal operations, following a debilitating year of drought-induced cuts to drafts and transits. “Current forecasts […]
Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi attacks in and around the Red Sea over the past six months, Lars Jensen, founder […]
Ship recycling of bulkers, tankers, and container ships has dropped to the lowest level in 20 years over the past two years, according to the world’s largest international shipping association BIMCO. The organisation claimed that […]
QatarEnergy and five shipping companies have signed time-charter agreements for 44 newbuild liquefied natural gas (LNG) carriers, raising the number of vessels under QatarEnergy’s LNG fleet expansion program to over a hundred, the state-owned gas […]
LNG giant QatarEnergy said on Sunday it has signed four long-term deals with Asian shipowners to charter 19 LNG carriers as part of the second phase of its massive shipbuilding program. Qatar’s energy minister and […]
Houthi terrorists in Yemen have claimed responsibility for six attacks on ships in the Red Sea and the Gulf of Aden in the last 72 hours, using drones and missiles. They claimed the vessels they […]
G-R / Marine Traffic There is now clear data to show that sanctions are hurting Russian seaborne exports of crude. As of a month ago, the number of ballast vessels which last lifted Russian crude […]
Industry on the Mid-Atlantic coast suffered a surprise blow early Tuesday morning, when a cargo ship crashed into Baltimore’s Francis Scott Key Bridge, causing the structure to collapse in a matter of seconds. Numerous industrial […]
The maritime order is falling apart under geopolitical pressure. It was only a matter of time before Russia’s fast-growing shadow fleet, a group of vessels whose owners do their utmost to conceal their identity while […]
State-run LNG giant QatarEnergy said it had signed time charter agreements with compatriot shipping firm Nakilat for 25 conventional-size LNG carriers as part of the second phase of its massive shipbuilding program. Each of the […]
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