Unlike containerships operating on fixed schedules tramp vessels will eschew transiting the waterway.
The stark reduction in slots will push many of the tramp vessels (including tankers and dry cargo ships) away from the Canal. This will lead to more ton mile demand and possibly changes in segment utilization as longer hauls may stimulate the use of larger vessels.
The Dubai-based airline has posted strong performance figures in recent months.
As many as a million Russians fled for abroad in the first year of the war in Ukraine. Now, thousands are returning home, boosting Russia’s economy.
The Hong Kong economy has seen five consecutive quarters of growth, primarily driven by a revival of inbound tourism alongside the continued recovery of the stock market.