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Ocean carriers raked in a “mind-bending” $59.3 billion profit in the first quarter of the year—the highest quarterly earnings in container shipping history— as the industry continued to benefit from...
by Captain John Konrad (gCaptain) Over the many years of reporting maritime news, the idea that China could militarize its commercial maritime fleet has been dismissed by most of the...
By Debjit Chakraborty, Julian Lee and Serene Cheong (Bloomberg) — Russian oil producers are starting to book up an increasing number of tankers owned by the nation’s state tanker company, boosting...
