The Philippines urged China on Wednesday to avoid actions that endanger sailors and vessels in the South China Sea, saying peace could not be achieved if China’s words did not match its behaviour in the disputed waters.The Philippine foreign…
Philippines Tells Beijing Words Must Match Actions in South China Sea Read More »
Newbuilding ordering activity remained elevated over the course of the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding business focus of the week is the activity in the tanker market which keeps on piling up. Th…
Newbuilding Orders Keep Piling Up Read More »
This week’s chart (on the right) illustrates the correlation between the number of ballast vessels for Panamax-size ships in the ECSA region and the evolution of P6 $/mt freight rates. Meanwhile, the left chart examines the daily volume loaded (1…
Dry Bulk Market Demand Dynamics – Panamax P6 Read More »
As part of a CEF Study project co-funded by the European Union, Port of Rotterdam, in collaboration with the municipality of Rotterdam and various partners in the port of Rotterdam, is conducting four feasibility studies for shore power. This takes pla…
Shore power for tankers has a significant potential to reduce in-port emissions Read More »
Houthi footage appears to show second blast that may have taken place after crew was evacuated
Videos show multiple Houthi attacks and explosions that sunk Evalend ship Read More »