A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early 2024 skewed by sluggish year-on-year comparisons.
MidOcean Energy, a LNG company formed and managed by investment company EIG, has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG).
Some of the vessels stranded in the Port of Baltimore since the collapse of the Key Bridge four weeks ago have been able to sail from the port with a new limited deep draught channel.
The allision between the containership Dali and the Key Bridge in Baltimore, causing its collapse sent shockwaves around the world, but will shipping learn from the disaster?
Freight rate indices are sending mixed messages but most of the latest indicators show a steady decline in rates as lines and shippers negotiate annual contracts on the transpacific.
US-based Advanced Polymer Coatings (APC) has signed a new contract to recoat the cargo tanks of two chemical tankers for Dubai based shipping group Gulf Navigation Holding.
Nearly a month after the collapse of the Key Bridge in Baltimore city, lawyers have fired back at Dali owners Grace Ocean and Synergy Marine, filing a lawsuit that claims the companies were negligent.
