China, South Korea are top destinations for US LNG in July as Europe’s market share drops
China and South Korea were the top destinations for US LNG delivered in July, as flows of American volumes to…
Shifting trans-Pac dynamics push rate spread to almost two-year high
The differential between East and West coast spot rates is now more than $3,000 as retailers rush to ship their…
ILA seeking huge wage hike from maritime employers: sources
The disclosure of a 76% wage increase proposal comes as ILA sent a 60-day notice to the United States Maritime…
‘Windfall’ technology to power cargo ships
With their massive sails stretched over towering masts, merchant ships that plied the world’s oceans hundreds of years ago helped…
FBX Index August 2024: Looking forward
FBX July Summary The FBX index began July at $4,508, rising sharply to $5,214 within the first week. It peaked…
Middle East Crisis: What could be the impact on the tanker market?
Middle East tensions and a threat of war escalating is definitely on the cards, after recent events. But, unlike recent…