MSC vessel makes history linking the UAE with Israel
At dawn yesterday the 8,204 teu MSC Paris made history, calling at Israel’s port of Haifa having taken cargo from the United Arab Emirates.…
Low freight, improving storage economics spur more short-term time charters
More charterers are looking for VLCCs again for short-term time charter, as freight is dipping to a record low while crude oil contango widens.…
COVID second wave would slam ocean shipping
Businesses are reopening, coastal vacation rentals are selling out, container volumes into West Coast ports are rising, the S&P 500 briefly erased its losses,…
