Business News
Poten: Sky-High Tanker Rates are Driving Refiners' Oil Buying Decisions
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewateri...
Read More >>Op-Ed: People Are the Powerbase of the Shipping Business
Decarbonisation, digitalisation, shifting patterns of global trade and an increasing level of influence from Asia are continuing t...
Read More >>Pakistan Explores Buying or Chartering Boxship Due to Shipping Challenges
The government of Pakistan has agreed to work with the country’s manufacturers and shippers to explore obtaining a dedicated conta...
Read More >>Go Ahead Given for Canada LNG to Double Capacity
Canada LNG, the country’s first LNG export operation, reports that, along with its investment partners, the decision has been made...
Read More >>Carnival Outperforms in Q3 While Providing a Strong Outlook for Cruising
Demonstrating the strength in the cruise industry and its ability to navigate global challenges, Carnival Corporation reported qua...
Read More >>Report: Israel Ends Zim Deal Review Telling Hapag-Lloyd to Restart Process
After growing speculation that opposition was mounting in Israel to Hapag-Lloyd’s proposed acquisition of Zim along with the inves...
Read More >>Does the Royal Caribbean-Sandals JV Signal a New Paradigm for Cruising?
The overall sentiment is positive after the initial surprise of the news last week that Royal Caribbean Group would make a $3 bill...
Read More >>From Compliance to Capability in Environmental Performance
Shipping is no stranger to regulation. New requirements come into force, procedures are updated, training is arranged and vessels...
Read More >>Hapag-Lloyd and FIMI Submit Framework of Revised Structure for Zim Israel
Israeli media is reporting that Hapag-Lloyd CEO Rolf Habben Jansen flew to Israel and that, today, September 24, with Ishay Davidi...
Read More >>Though Balance Sheets are Strong, P&I Clubs Face Risk From Major Casualties
Lloyd's Market specialty insurance brokerage Tysers reports that the rising cost of major casualties will likely prompt P&I clubs...
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