Category: Shipping

[ad_1] (Reuters) – Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers. FILE PHOTO: A view of a VLCC supertanker in the waters off Jurong Island in Singapore, July 11, 2019. REUTERS/Edgar Su/File Photo WHAT HAS HAPPENED TO SHIPPING…

[ad_1] (CNN) — Napoleon is said to have claimed that an army marches on its stomach. And while comparing a modern cruise ship to a unit of the Grande Armée might be a bit of a stretch, both face the same basic problem: how to keep several thousand people constantly supplied as they move from…

[ad_1] Trans-Pacific carriers eye deeper capacity cuts amid weak peak  JOC.com With US imports from Asia up only 1 percent last month, and no likelihood of a fourth-quarter surge in imports, carriers are eying the transition to low-sulfur fuel in … [ad_2] Source link Google News