Lloyd’s List
Latest From Lloyd’s List
EU weighing new sanctions on Russia
Dozens of individuals and entities and 150 Russia-trading vessels are being floated as targets for what would be the EU’s 17th sanctions package against Moscow
Trump switches nominees for top Marad job
The nomination of a retired US Navy submariner to lead the US Maritime Administration has been withdrawn, with industry veteran and USMMI president Stephen Carmel now nominated
Shipping’s secret trade: the problem
Lloyd’s List news reporter Joshua Minchin speaks to several frontline experts on how they tackle smuggling, whether it be illegal narcotics or wildlife
The week in charts: Crude tanker rates up double digits | Red Sea monthly transits fall slightly | Containership sale and purchase market remains resilient
VLCC, suezmax and aframax rates are all strong — for different reasons — with VLCC rates viewed as most resilient; Passings through the Bab el Mandeb and Suez Canal fell but transits remain within ‘new normal’ range; There is an anomaly amid the gloom over tariffs and the plunge in Chinese cargoes to the US: spot rates on the transpacific are slightly up
Salvage tug dispatched to stricken Maersk boxship after engine room fire in Atlantic
A salvage tug has been sent from Mexico to tow the stricken 2004-built Maersk Sana
US port fees: Two out of three ain’t bad
The second version of the USTR proposals is still unfair and stupid. But not necessarily unworkable