End of Red Sea diversions raise many questions for shippers

After more than 2 years of Red Sea diversions, it looks as if a return to the conventional route, via ...
Read more

Ship Recycling Market Sentiment Improving Despite Lack of Available Tonnage

Despite a lack of available tonnage, the sentiment in the ship recycling market looks to be shifting, ever so slightly. ...
Read more

German to Purchase TKMS Frigates Under $59m Contract

Germany’s budget committee approved a preliminary contract to purchase MEKO A-200 class frigates from warship builder TKMS on Wednesday and ...
Read more

Chevron to Boost Exports of Venezuelan Oil to US in March

Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) ...
Read more

Egypt Seeks Release of Four Citizens on Tanker Seized by Iran

Egypt said on Wednesday that it is working on securing the release of four citizens who were detained by Iran ...
Read more