04 AUG 2019 The sharp escalation in the US/China trade war could see some short-term front-loading gains for transpacific carriers on the headhaul route, but it spells trouble longer-term, particularly on the backhaul. Hitting back at President Trump’s Twitter announcement last week of a 10% tariff on a further $300bn …
Read More »TITANIC SHIPBUILDER HARLAND AND WOLFF TO FILE FOR INSOLVENCY
03 AUG 2019 Harland and Wolff, the Belfast shipyard that built the Titanic, was put into administration on Monday after its bankrupt Norwegian owner failed to find a buyer and calls for its nationalization were rebuffed. The shipyard, whose towering yellow cranes dominate the Northern Irish city’s skyline, has been …
Read More »SPANISH NGO SEEKS SAFE PORT FOR 124 PEOPLE RESCUED IN MEDITERRANEAN
02 AUG 2019 A Spanish charity rescue boat sought safe port on Friday after Italy rejected its request to disembark 124 people saved from two migrant rafts in the Mediterranean, the organization said. Non-governmental organization (NGO) rescue boats have largely disappeared from the Mediterranean over the last year as governments …
Read More »SHELL NOT TAKING BRITISH-FLAGGED TANKERS THROUGH HORMUZ
01 AUG 2019 Royal Dutch Shell is not taking any British-flagged tankers through the Strait of Hormuz amid heightened tensions with Iran in the vital chokepoint for oil shipments. “There are Shell-managed vessels in the Strait of Hormuz and that will probably continue to be the case. Currently, though, there …
Read More »GERMANY RULES OUT JOINING U.S.-LED HORMUZ MISSION
31 JULY 2019 Germany will not participate in a U.S.-led naval mission in the Strait of Hormuz as it wants to ease tensions with Iran, Foreign Minister Heiko Maas said on Wednesday. The United States had asked Germany to join France and Britain in a mission to secure shipping through …
Read More »FIRST Q-MAX CALL FOR ZEEBRUGGE
30 JULY 2019 Fluxys’ Zeebrugge LNG terminal has reached a milestone with the Al Dafna LNG carrier docking – the first call of a Q-Max vessel, the largest LNG carriers in service. A full Q-Max cargo serves the yearly need of over 75,000 households heating with gas. LNG carriers of all types …
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