Royal Navy Destroyer Halts Fugitive Dhow, Seizes Drugs in Indian Ocean
Last month, a Royal Navy destroyer tracked down and boarded a dhow in the Indian Ocean, seizing 2.4 tonnes of…
India-Europe carriers see strong rate gains for early peak season bookings
Spot rate quotes secured by forwarders from major carriers for sailings near the end of June are up between $500…
New hotspot for Russian oil transfers emerges off Morocco
Three aframaxes and VLCC gather off coastal city of Nador after Greek naval action
Demand fears put Europe’s emissions targets at risk: clean energy group
The huge investment required to produce green fuels for the shipping industry needs to be underpinned by certainty over demand,…
Capital Product Partners scoops up 10 gas ship newbuildings in $756m energy transition play
Greek owner drops medium-sized vessels and CO2 carriers into US-listed entity
Russian oil product exports via Tuapse down in May after refinery stoppage
Oil product exports from Russia’s Black Sea port of Tuapse in May were down 28.6% from initial plans at 1.093…
Sanctions produce carbon, Hing Chao warns amid downcast views of war and peace
The multipolar world leads to conflict and shipping stands to lose, Hong Kong owner warns
Eurozone inflation jumps ahead of ECB meeting
Eurozone headline inflation jumped in May, mainly thanks to higher services inflation. The effect was seen in several larger countries,…
Affordable housing to stay out of reach in major economies due to lack of supply
Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according…
Japan to keep record wealth overseas: McGeever
Japan solidified its status as the world’s largest creditor last year as the country’s net international investment position grew to…