Norway releases ship briefly detained in Baltic cable probe
Police say they found no evidence linking fish carrier to suspected sabotage
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January 2025
Dry Bulk Shipping: Brazil’s Iron Ore Exports to China on the Rise
Demand for Brazil’s iron ore, most notably from China rose by 4.1% during 2024. In its latest weekly report, shipbroker Banchero Costa said that “2024 was another positive year for global seaborne iron ore trade. In Jan-Dec 2024, global loadings of iro…
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Greek shipping magnates top tanker newbuild order rankings in 2024
A record number of new tankers were ordered in 2024 with 435 orders placed across the year, an increase of around 31% year-on-year according to according to Veson Nautical’s ‘2024 End- Of-Year-Report’. The report, compiled by Veson’s data and intellige…
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Tanker – Weekly Market Monitor: Dirty Oil Flows and Tonne Days (Arabian Gulf – Far East)
January closed with weakening momentum in the dirty freight market, as the growth rate of demand tonne-days has yet to support a notable recovery. However, there are encouraging signs on the supply side, with vessel availability in the Arabian Gulf (AG…
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