Capesize The Capesize market endured a challenging week, marked by a steady decline in rates and a sharp deterioration in sentiment midweek. The BCI 5TC fell from just above $29,000 on Monday to $22,595 by week’s end, pressured by unconfirmed reports that China’s...

Read More

After 2.5 years, Kurdish crude has been flowing once again. In its latest weekly report, shipbroker Gibson said that “Saturday saw the resumption of Kurdish crude flows through the Kirkuk-Ceyhan pipeline after a halt of two-and-a-half years, with initial flows set at...

Read More

US President Donald Trump’s plan to impose a $100,000 fee on new H-1B visas for highly skilled foreign workers is facing its first legal challenge, with unions, employers, and religious groups filing a lawsuit to block the move. Who filed the case The lawsuit, filed...

Read More

Marine Medical Solutions, a member of OneCare Group, is calling for stronger safeguarding measures to protect seafarers, including the introduction of mandatory declarations for crew members living with HIV, Hepatitis B, or Hepatitis C. Currently, seafarers are not...

Read More

ABS awarded a statement of compliance certificate to AVIKUS Co., Ltd., for the fuel-saving verification framework that AVIKUS has developed for HiNAS Control, an autonomous navigation system. ABS joined AVIKUS, shipping company HMM Co., Ltd., and the Liberian...

Read More

The global air cargo market is on course for +3-4% growth in demand in 2025 based on current trading conditions, but after unexpectedly high volumes over the summer, September’s data showed signs of growth slowing heading into the final quarter of the year, according...

Read More