The Houthi militia in Yemen is shaking down shipowners for $180m a month to grant safe passage through the Red Sea and Gulf of Aden. This is according to a report by the United Nations, seen by Arab ...
Shipowners and Agents Association of Ghana (SOAAG), the umbrella body of shipping lines and their local representatives operating in the country, has refuted claims that its members are ripping ...
Shipowners and blue economy experts have called for proper dredging of all three deep berths at Karachi Gateway Terminal Limited (KGTL) and continuously monitoring them with a view to averting any ...
“We expect shipping rates to slump. As shipowners take actions to tackle the overcapacity problem, the rates are likely to rebound in 2025.” The cost of shipping a 20-foot equivalent unit ...
Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes ...
The UK’s new Labour government is scrapping a tax break for wealthy foreign shipowners living in London. Chancellor Rachel Reeves said the non-domiciled or non-dom regime will disappear from April ...
Veson Nautical’s latest report, VesselsValue, indicates that Greek shipowners have invested 2021 around $13.8 billion in 59 new-built LNG vessels. The Veson Nautical report has identified a $4 ...