A bid by Ukrainian forces to reclaim the strategically critical Kinburn Spit from Russian control could hold the key to freeing ships caught in the war-torn port of Mykolaiv. Vitaliy […]
Swiss liner giant Mediterranean Shipping Co (MSC) has reportedly told Italian authorities that it is no longer interested in investing in ITA Airways as part of a planned privatization. In […]
India rolls back steel and coal duties Indian authorities have reversed several duties for steel-related commodities introduced back in May, now that prices have eased. A 15% export duty levied […]
2,719 new daily coronavirus cases were reported in China today. This marks the largest amount reported since April 29th. As we have continued to stress, the current surge has been […]
Weakening sectors such as liner shipping are set for a return to pre-pandemic rate levels next year, but there could be a recovery in 2024, according to S&P Global Market […]
C Transport Maritime (CTM) has been buying and selling bulk carriers this year in plays that show the changing nature of opportunities in the sale-and-purchase market. CEO John Michael Radziwill […]
Container lines are set to cancel a record number of sailings in the run-up to Christmas, to try to shore up sliding freight rates. Carriers are expected to blank two-thirds […]
Key takeaways: Getting close to year end the usual rush to finalize newbuild deals is close to nonexistent. Even though rates have dropped drastically for containers the planned orders for […]
This week, the UN and Turkish government successfully negotiated a 120-day extension of the Black Sea trade corridor agreement which initially came into effect on August 1st. From the February […]
One day in early 2018, Peter Georgiopoulos woke up with no role in a shipping company for the first time in 25 years. The man who once led five public […]
