Suez Canal restart won’t solve container shipping turbulence, warns Lars Jensen
According to Lars Jensen, even with operations resuming through the Suez Canal, immediate relief from disruptions is not guaranteed.
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Tanker fire claims five lives, injures 15 seafarers
A domestic Indonesian tanker caught fire off the resort island of Bali around 3 am local time on 7 August,...
Read moreDetailsSea-Intelligence reports no sign of sudden US spending boom
The US consumer spending data released by the US Bureau of Economic Analysis (BEA) shows that there has not been...
Read moreDetailsEuroseas reports strong first half results
Euroseas reported total revenues of US$105.4 million in the first half of the year, representing a 17.6% increase year-on-year.
Read moreDetailsUlsan Port Authority and Hyundai Oil Terminal sign US$17.6 million investment deal
On 1 August, the Ulsan Port Authority (UPA) signed a US$17.6 million equity investment agreement with Hyundai Oil Terminal Corporation.
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