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The Capesize “NBA Peace” 174/2004 SWS, China (SS/DD 04/2027) was committed to undisclosed interests at USD 19 mill. By way of comparison, Source: Advanced Shipping & Trading S.A.
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
The Iran-backed Houthi militant group has seized control of Yemen’s port city of Mokha on the Red Sea coast, bringing Tehran closer to securing another point of leverage in its six-month-long conflict…
The history of African refining is chequered, to say the least. Of the many refinery developments that have been announced Source: GIBSON SHIPBROKERS LTD
The IMO’s GHG working group negotiations showed broad support for core elements of the Net-Zero Framework, but greater backing for softer near-term GFI targets.
The Indian recycling market remains quite buoyant. After a strong run, prices have stopped increasing further and remain close Source: Best Oasis Limited
This week the VLCC market has been hectic, with strong activity and rates skyrocketing across the board. A surge in demand for prompt Source: Affinity Research LLP
EmissionLink has warned shipowners and operators that waiting until September to secure and transfer EU Allowances (EUAs) is creating unnecessary financial, commercial and compliance risk as the EU…