American Maritime Partnership warns the Biden administration to guard against waiver manipulation by refineries in the wake of the Colonial Pipeline shutdown.
The Biden administration has issued a Jones Act waiver amid fuel shortages and rising gas prices sparked by a pipeline outage.
U.S. shipbuilding also hit as demand dropped amid excess vessel capacity.
In a fireside chat at FreightWaves LIVE, Scott Susich, Director of Data for DTN, and FreightWaves’ John Kingston discussed why the fuel market has seen no signs of IMO 2020, […]
John Fredriksen’s shipping companies are increasing their exposure to IMO 2020 market effects.
After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates is nigh. They’ve been wrong before — will their bets pay off this time?
Shipowners and marine insurers are asked to look at vessel locator data to avoid sanctions fines.
Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.
UN trade and development body UNCTAD has outlined seven key challenges to maintain a positive momentum for the freight markets in global trade.
UNCTAD expects volumes across all maritime segments to grow in 2018. However, it warns that trade wars can disrupt the global trading system and there is a need to assess the implications of vertical integration within the industry, addressing any potential negative effects.
Australia’s east coast grains industry suffers an ongoing drought causing severe shortfalls, and grains are being moved from West Australia to East Australia in record volumes to the point where the industry will have to consider importing grain from overseas.
A prolonged bear market for crude oil tankers have resulted in the deletion of triple the number of ships sold for scrap, compared to last year.
