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Marine World
Iran’s Oil Exports Soar to 587M Barrels, Led by China’s Thirst
Despite tightening Western sanctions, Iran’s oil exports reached 587 million barrels in 2024, marking a significant 10.75% increase from the…
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Marine World
U.S. LNG Exports Soar in December, Lifting Full-Year Growth by 4.5%
U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and…
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Maritime News
European LNG Imports, Prices Soar
Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG)…
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Marine World
Freight Costs for Russian Oil Soar: What Rising Winter Costs Mean for Moscow’s Revenue
MOSCOW, Oct 22 (Reuters) – Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead of winter and are set…
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Maritime News
Ports of LA and Long Beach Set New TEU Records as Imports Soar
Thanks to labor disruption at U.S. East Coast ports and strong retail ordering in the runup to the holiday season,…
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Marine World
As Tensions Soar, Iran and Russia Launch Naval Drills in a High-Stakes Triangle of Maritime Coercion
Iran has launched naval drills in the Indian Ocean, hosting Russia and Oman amid heightened tensions in the Gulf region.…
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Maritime News
Long Beach Continues to Set New TEU Records as Imports Soar
Thanks to labor disruption at U.S. East Coast ports and strong retail ordering in the runup to the holiday season,…
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Marine World
China’s Seafarer Wages Soar as U.S. Mariners Struggle with Pay Stagflation
by Captain John Konrad (gCaptain) For decades, American merchant mariners have been in a state of stagnation. Despite their crucial…
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Marine World
Container Carrier Profits Soar On Record Volumes, Higher Rates
By Brendan Murray Sep 1, 2024 (Bloomberg) –The global container shipping industry saw profits surge to more than $10 billion in…
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Maritime News
Volumes Soar at SoCal Ports Setting Records as Shippers Accelerate Pace
Defying forecasts of a potentially slowing U.S. economy, the ports of Los Angeles and Long Beach each had record…
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