As threats of trade wars loom, global shipping already seems to be reacting in kind with the Baltic Dry Exchange falling to its lowest since February 2023, says cash buyer GMS. This marks a clear shift towards easing freight rates as a gradually…
Ship Recycling Market Remains Jittery Read More »
Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.Brent crude futures LCOc1 dropped 53 cents…
Trump Repeats Call for OPEC Action Against Russia Read More »
The Canadian Coast Guard College is celebrating its 60th anniversary year by looking back on a history of excellence and looking forward to a future of innovation and inclusion.Through a $90 million dollar investment from Fisheries and Oceans Canada…
Canadian Coast Guard College Celebrates 60 Years Read More »
The tanker market could be impacted by the shape of the US policies moving forward, under the new Trump presidency. In its latest weekly report, shipbroker Gibson said that “following a very impactful end to the Biden era, the oil and tanker markets ex…
Tankers and the Trump Presidency Read More »
Capesize The Capesize market endured a challenging week, with a steadily declining trend across the board. The BCI 5TC shed $2,852 over the week, closing at $8,156. In the Pacific, miner activity remained sparse, with only one miner consistently presen…
Dry Bulk Shipping: Capesize Market Under Pressure Read More »