Bulk carrier orders fall by 26% in first quarter of 2025, says Veson
Historically high prices and premiums for dual-fuel vessels drive drop
Bulk carrier orders fall by 26% in first quarter of 2025, says Veson Read More »
April 2025
Ship Recycling Market Fearful of Tariff Developments
“An extremely volatile week of tariff announcements, suspensions, mishandling of economic affairs and fluctuating markets has left Indian sub-continent ship recycling destinations on edge, fearful of the next moves by a seemingly irrational and aggress…
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IMO Approves North-East Atlantic ECA
The IMO’s MEPC83 has approved the creation of a new Emission Control Area (ECA) in the North-East Atlantic Ocean. It will be the world’s largest ECA to date.The decision follows an official submission to the MEPC 83 of the research conducted…
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Stakeholders Respond to MEPC 83 Outcome
The IMO Net-zero Framework agreed at MEPC 83 last week is the first in the world to combine mandatory emissions limits and GHG pricing across an entire industry sector. The measures include a new fuel standard for ships and a global pricing mechanism f…
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Oil Demand Headwinds Could Take a Toll on Tankers
The tanker market could be faced with increased pressure, amid a trade war and tariff-hit global economic landscape. In its latest weekly report, shipbroker Gibson said that “with all the turmoil in the global financial markets, oil prices have come un…
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