Ship recycling has kept its lackluster performance for yet another week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained under pressure this week, with most locat…
Ship Demolition Activity: Subdued Conditions Persist Read More »
“We expect that the dry bulk market’s supply/demand balance will weaken in both 2025 and 2026. Since our last update, a change in US trade policy has led to a deterioration in the economic outlook and an increase in uncertainty. Consequently, we have c…
Dry Bulk Shipping: US tariff increases drive weaker demand outlook Read More »
As of mid-April 2025, the U.S. Trade Representative (USTR) has finalized and refined its Section 301 maritime policy, significantly altering the landscape for vessels linked to China. The updated regulations, set to take effect on October 14, 2025, no…
Neither rule nor regulation but a proclamation that we are supposed to follow, bemoans senior adviser Gordon Shearer
Matson Navigation Company’s three new 3600 TEU Aloha Class containerships, the largest container ships built in the United States, will use Kongsberg Maritime Hybrid Electrical Systems that incorporate Corvus Energy Orca ESS, the ships designed by KOMA…
Corvus Battery System Tapped for New LNG Container Vessels Read More »