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OL  News

1908, 2025

Ajot: Air freight, buffeted by US tariffs, is losing business to ships

By |August 19th, 2025|

One result of the increases in U.S. tariffs on imports is that the air cargo industry is seeing some freight that previously went by air go instead on to ships, according to Joseph Smith, Director, Aviation Services for investment banker Cassel Salpeter & Co, based in Miami, Florida.

1908, 2025

Shippingtelegraph: Germany criticizes China’s ‘aggressive stance’ in South China Sea

By |August 19th, 2025|

Germany’s foreign minister Johann Wadephul criticizes China’s “aggressive stance” in the Taiwan Strait and in the East and South China Seas and stresses the need for internationally binding rules.

1908, 2025

Shippingtelegraph: Performance Shipping clinches charter for LR2 aframax at $30,000/per day

By |August 19th, 2025|

Greek tanker owner Performance Shipping led-by chairperson of its board Aliki Paliou has sealed a time charter deal with Pakistan National Shipping Corporation for its P. Aliki, a 105,304-dwt LR2 aframax tanker, built in 2010.

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