News Flash | Sea and Job

Panama Canal Operational Strategies Presented at the International Investors Forum

The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed the economic and operational strategies of the Panama Canal during the months in which the dry season had its highest impact, influenced by the 2023-2024 El Niño phenomenon....

China’s falling iron ore demand is only half the story

With Chinese steel demand now dropping faster than expected, the outlook for Australian iron ore – and its impact the Australian economy – has become a hot topic. What’s often overlooked, however, is that it is demand for lower-grade ore used for coal-consuming blast...

New shipping routes dodge carbon costs along with Red Sea risks, according to Concordia research

The political and military instability in the Red Sea and eastern Mediterranean has forced global shipping companies to reroute cargo freight being transported from Asia to Europe. As a result, merchant ships are increasingly making the longer, more expensive and more...

Asia-USEC container rates plunge by 20% as shippers avoid possible ILA strike

Average global rates for shipping containers fell significantly this week, including a 21% decrease from Shanghai to New York, as shippers are shifting cargo deliveries to the US West Coast to avoid the planned strike on 1 October. A strike by union dock workers at...

Tanker Market: VLCCs on the Rise

Clean LR2 MEG LR2s made gains this week, with the rate for TC1 (75Kt MEG/Japan) recovering 4 points to WS126.11 (about $24,500 per day round-trip TCE) while the rate for 90kt MEG/UK-Continent (TC20) climbed over $264,500 to $4,280,000. In the West of Suez region, the...

Even After Houthi Attacks, Russia-Linked Tankers Return to Red Sea

The maritime incidents involving oil tankers in the Red Sea highlight significant risks for vessels transporting Russian oil, especially given the ongoing threat from Houthi forces. The Andromeda Star and Freda, two Panama-flagged crude oil tankers, provide clear...

Panama Canal Operational Strategies Presented at the International Investors Forum

China’s falling iron ore demand is only half the story

New shipping routes dodge carbon costs along with Red Sea risks, according to Concordia research

Asia-USEC container rates plunge by 20% as shippers avoid possible ILA strike

Tanker Market: VLCCs on the Rise

Even After Houthi Attacks, Russia-Linked Tankers Return to Red Sea

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