Maritime transportation specialist Dubai Financial Market-listed Gulf Navigation has secured a five-year refinancing package for five petrochemical tankers from a Chinese lender.
A planned strike by dockworkers at the UK’s largest container port – Felixstowe – could disrupt $800m in trade.
Decline in exports from Taiwan combines with port closures in China and Japan to hinder growth
The seaborne trade in coal looks set to be supported by an export ban for multiple Indonesian producers and an EU ban on Russian coal imports.