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U.S. Trade Tariff Plans: Potential Impacts on Dry Bulk Shipping and Changing Trade Routes
U.S. tariffs on Canada, Mexico, and China could disrupt trade routes, boost dry bulk shipping demand, and reshape global trade dynamics.
Houthis Poised to Generate $2B Annually Through Shipowner Extortion
A UN report reveals Yemen's Houthi rebels earn up to $2 billion annually by extorting shipowners for safe Red Sea passage, fueling maritime attacks.
Houthi Escalation in Red Sea: Ships Attacked, Trade Disrupted
Recent Houthi attacks in the Red Sea have intensified, resulting in significant damage to merchant vessels and a dramatic decline in Suez Canal traffic by over 50%.