The passing of deadly storm Xavier in northern Germany on October 5 disrupted operations and caused damages to ports in the region. During the storm, which was followed by gale...
The FSO unit Randgrid, which was converted from one of Teekay Offshore Partners’ shuttle tankers, started its charter contract with Statoil in the Gina Krog oil and gas field on October 6. Following conversion...
Four years since the arrest of the MV Seaman Guard Ohio’s crew, including six British nationals, three Ukrainians, fourteen Estonians as well as twelve Indians, relatives of the Chennai 6 are...
In anticipation of the tropical storm Nate’s arrival on the United States Gulf Coast, the US Coast Guard has set port condition X-Ray for New Orleans sector. Due to the...
The movement of Royal Navy vessels in and out of five UK ports could be severely disrupted, as tug boat crew ballot for strike action in a national pay dispute,...
APM Terminals Tacoma, part of Maersk Group’s terminal operator APM Terminals, has shut down its operations on September 30, 2017 and transferred the lease to Seattle-based SSA Marine. The SSA Marine container terminal operator...
National Shipping Company of Saudi Arabia (Bahri) and the Dutch firm Koninklijke Bunge B.V. (Bunge) have launched its joint venture BahriBunge Dry Bulk Ltd. with the inauguration of the JV’s offices in...
It seems that the recent rebound of dry bulk freight rates, which has come as a result of improving fundamentals (i.e. lower tonnage growth and improving demand), is already having...
Asian crude tanker freight rates recently saw a rebound from the multi-year lows seen in Q3 2017. Both demand and supply side fundamentals point to an ongoing seasonal recovery in...
Panamax Index Weekly Support – 9,538, 9,224, 8,765 Resistance – 12,343, 12,478, 12,987, 13,877 Resistance USD 12,343 Support USD 9,538 Stochastic at 18 The technical pullback broke the USD 10,812...
China will be singled out for special attention under new trade rules to limit excessively cheap imports into the European Union, a European Commission official said on Thursday. The Commission,...
In a world lacking clear global leadership, India must seize the opportunity to take the lead in range of pressing issues, from global free trade and mass migration to climate...