Beware of excessive optimism, Evangelos Marinakis warns Posidonia
Bosses tell TradeWinds Shipowners Forum to be on the lookout for ‘black swan’ events that could derail tanker boom
Sharp increase in seafarer fatalities from enclosed space ‘death traps’
InterManager calls for fundamental rethink of regulations and practices while working in enclosed spaces
Price pressure pushing shipowners back to conventional fuelled newbuildings
Top bankers say shipowners are being put off paying up for next-generation fuel options
Container market turn could keep capacity tight until October
The strength of bookings over the past month has surprised container lines executives, even when factoring some front-loading and replenishing…
‘Highest bidder’ winning on Asia-Europe ocean trade as space, equipment shortages deepen
European importers are facing pandemic-era port congestion and soaring rate levels, with only the resumption of regular vessel transits through…
US LNG exports rise in May as Freeport LNG returns to production
U.S. exports of liquefied natural gas (LNG) rebounded in May as Freeport LNG, the country’s second-largest exporter of the superchilled…
Russian oil product exports via Tuapse to fall in June, traders say
Russian oil product exports from the Black Sea port of Tuapse are set to fall by 59.5% month-on-month in June…
Russia’s May pipeline gas exports to Europe jump 39%, calculations show
Russian energy giant Gazprom’s average daily natural gas supplies to Europe in May rose by 7.3% from April and 39%…
Venezuela’s May oil exports rise 30% during US wind-down period
Venezuela’s oil exports recovered in May from a low figure the previous month as state oil company PDVSA’s customers rushed…
US manufacturing and construction cool more than expected
ISM remains in contraction territory In Monday’s US data flow we have a surprise drop in the May ISM manufacturing…