Price
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Maritime News
South Africa Plans to Prosecute Container Carriers for Price Fixing
South Africa’s Competition Commission has referred a case of alleged collusion and price fixing against eight of the world’s largest…
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Maritime News
LNG Shipping Shortage Behind Dramatic Hike in Atlantic Rates
Increased production of LNG in West Africa and the United States, and delays in discharges at Egyptian LNG terminals, has…
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Maritime News
UN Shipping Agency Votes to Postpone Carbon Price Decision for a Year
A majority of countries at the U.N. shipping agency voted on Friday to postpone by a year a decision on…
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Port News
Liner price war looms as spot rates sink below breakeven
There are growing signs that a price war is breaking out in container shipping. Consultancy Linerlytica is already warning that…
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Port News
Diana Shipping scores firm price for latest ultramax sale
Greece’s Diana Shipping has revealed it has sold an ultramax it partially owns for what brokers describe as a very…
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Port News
Starlink Maritime slashes unlimited data plan price by 90%
Starlink Maritime has slashed the cost of its unlimited data package for IMO-registered vessels from $25,000 per month to just…
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Port News
HMM walks away from SK Shipping deal as price gap proves insurmountable
South Korea’s national carrier HMM has officially withdrawn its bid to acquire the tanker and bulker assets of SK Shipping,…
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Maritime News
Sanctions and Oil Price Pressures Build on Russian Revenues
Russia is facing multiple threats to its ability to finance its war on Ukraine, with pressures about to become…
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Maritime News
EU Adopts New Sanctions That Lower Oil Price Cap and Hit Shadow Tankers
The European Union approved its 18th package of sanctions against Russia related to the war in Ukraine, expanding its targeting…
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Marine World
EU’s New Russia Sanctions Aim for More Effective Oil Price Cap
The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further…
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