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Marine World
Villa Vie Odyssey’s ‘Endless’ World Cruise Comes to a Halt in Cambodia as Fuel Costs Soar
Villa Vie Residences has suspended operations of its residential cruise ship Villa Vie Odyssey in Cambodia, forcing residents to disembark…
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Marine World
Traders Push for Discounts for Venezuelan Oil as Shipping Costs Soar
Global oil trading firms Vitol and Trafigura are pushing for steeper discounts on Venezuelan crude oil as rising freight rates…
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Marine World
Maersk Keeps Defying Bearish Expectations as Shares Soar
A.P. Moller-Maersk A/S keeps giving analysts reasons to reconsider their bearish views on its shares. The stock has surged nearly…
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Maritime News
Russian Wheat Export Prices Soar Amidst Escalating Hostilities
Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the…
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Maritime News
With War, Americas Dirty Tanker Exports Soar to Record in May
“In May, dirty tanker exports from the Americas reached 14.5 million barrels per day (mbpd), up from the previous record…
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Maritime News
VLCC Day Rates Soar to Rare Heights
Daily charter rates for VLCC tankers on the Middle East to Asia run have reached their highest level since those…
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Maritime News
Oil Shipping Rates Soar
Freight rates for very large crude carriers (VLCCs) soared to their highest in more than two years, according to industry…
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Maritime News
Hegseth Visits Puerto Rico as Tensions with Venezuela Soar
Secretary of Defense Pete Hegseth and the top U.S. general Dan Caine made a surprise visit to Puerto Rico on…
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Marine World
Iran’s Oil Exports Soar as Israel Attack Prompts Cargo Clearout
Iran’s oil exports have jumped since the nation came under attack from Israel on Friday, according to a firm that…
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Maritime News
War Insurance Costs to Israel Soar
War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as…
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