Op-Ed: China is on Track for a Major Recession
The risk of China spiralling into an unprecedentedly prolonged recession is increasing. Its economy is experiencing deflation, with the price…
China Grows in South America by Buying Brazil’s Only Private VLCC Terminal
China continues to grow its influence over South America with China Merchants reporting an agreement to buy Brazil’s only privately…
Eastern Pacific sells aframax as Chinese bulker player breaks into tanker ownership
Chinese company acquires Japanese-built aframax
Video: Royal Australian Navy Rescues Solo Rower From Coral Sea Cyclone
A solo rower from Lithuania attempting to become one of the few to cross the Pacific without stopping was rescued…
Polish Researchers Detect Ship-Based GPS Jammers in Baltic Sea
A study carried out by Polish GNSS researchers has determined that the GPS interference observed in the Baltic recently exhibits…
Liner ss United States Completes “Last Voyage” Arriving in Mobile
The famed liner ss United States made an earlier than anticipated arrival in Mobile, Alabama after completing the 12-day tow…
Slowly-Collapsing Bridge Disrupts River Navigation in Dresden
A damaged and failing bridge briefly shut down inland shipping on the Elbe at Dresden last weekend, the second time…
Norway Will Supply US Ships Despite Call for Boycott says Defense Minister
Norway’s Defense Minister issued a statement on March 2 responding to the growing media coverage of a call for a…
TPM25: Container market downturn creating ‘new era of volatility’
An oversupply of vessels, carrier rate wars and bleak consumer sentiment are positioned to oppress the container shipping market in…
Maersk tees up $5 billion investment plan for Indian market expansion
The carrier’s new investment push seems to be an attempt to catch up with its peers, particularly MSC, which has…