February 1, 2019
Total imports of iron ore and soya beans were lower in 2018 than in 2017, down 1% and 7.9% respectively, and although imports of coal...
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Analysis
January 29, 2019
As the UK’s self-imposed Brexit deadline of March 29 looms, some market participants in the container shipping industry are bracing themselves for a boost in...
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January 28, 2019
In 2018 the ClarkSea Index had a very strong Q4, with the average in the final quarter well above that registered across the first three....
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January 17, 2019
A “reduced appetite” for ordering ultra-large container vessels (ULCVs) and carriers instead aspiring to become global logistics integrators could finally balance container capacity supply with...
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January 10, 2019
In fewer than 12 months’ time, thousands of merchant ships are going to start burning fuel containing higher concentrations of sulfur. That’s a quirky outcome...
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January 10, 2019
For the Asian dirty and clean tanker markets, 2018 was a mixed bag that saw a fragile start but only to end on a fairly...
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January 10, 2019
In spite of a depressed fourth quarter in 2018, all segments of the dry bulk freight market saw earnings increase year on year. (more…)
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December 28, 2018
A few days before Christmas, the container ship “SM Shanghai” was steaming toward California’s Port of Long Beach. Just ahead and coming to the end...
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December 21, 2018
2018 has been a slow year for dry bulk demolitions, with only 4.2 million DWT scrapped (as of 17 December), down 71.6% compared to last...
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December 19, 2018
The British government has held talks with shipping firms to secure back-up vessels in case Britain exits the European Union with no trade deal but...
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December 19, 2018
The Chinese government’s objective of suppressing coal and lignite imports in November and December 2018 is adversely impacting demand for Panamaxes and thus rates. Nonetheless,...
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December 17, 2018
Shipping confidence dipped slightly in the three months to end-November 2018, Moore Stephens said. (more…)
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December 4, 2018
The global shipping sector outlook remains negative reflecting the demand-side risks of protectionism and slower economic growth, Fitch Ratings says (more…)
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December 3, 2018
The first twelve weeks of the 2018/19 marketing year, which started on 1 September 2018, have painted a dire picture for US soya bean exports...
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![Credit: LPhot Rory Arnold
Pictured here is Type 23 Frigate HMS MONTROSE (front) and Type 45 Destroyer HMS DUNCAN (rear) escorting the Tanker HELLESPONT PRIDE through international shipping lanes in the Gulf.
Nearly six million tonnes of British shipping has been safeguarded by the Royal Navy in the first two months of protecting vessels from Iranian aggression.
Nearly 90 British merchant ships were safely shepherded through the Strait of Hormuz by frigate HMS Montrose and destroyer HMS Duncan during a hectic two months responding to threats by Teheran.
Montrose passed through the narrow gateway to the Gulf 38 times – each time harassed by Iranian forces, from radio taunts and drones watching every move overhead through to Revolutionary Guards wielding rocket launchers and fast missile boats racing up menacingly.
The Plymouth-based frigate, which completed the first phase of its escort duties on Thursday [AUG 29], was forced to fire flares on more than a dozen occasions as she warned off the Iranian forces.
The ship prevented the Iranians seizing the British Heritage, performing a ‘handbrake turn’ at full speed and training all her guns on the tanker’s harassers.
But just nine days later Iranian troops succeeded in hijacking the Stena Impero while Montrose was helping to protect other shipping half an hour away.](http://www.shippingherald.com/wp-content/uploads/2019/09/royal_navy-270x168.jpg)
