U.S. President Donald Trump signed an executive order on Wednesday aimed at reviving U.S. shipbuilding and reducing China’s grip on the global shipping industry.Republican and Democratic U.S. lawmakers for years have warned about China’s growing domina…
Trump to Push Allies to Conform to Chinese Vessel Fee Plans Read More »
Order aims to bolster US shipyards as president declares America ‘way, way, way behind’
Trump signs executive order to boost US shipbuilding, planning to ‘spend a lot of money’ Read More »
Things have remained unchanged in the ship recycling market. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling market remained relatively quiet this week, with activity slowing dow…
Ship Recycling Market Remains Quiet Read More »
Escalation of U.S.-China Trade Tensions: Implications for Dry Bulk Freight On April 4th, China announced a 34% tariff on all U.S. imports, a retaliatory response to recent U.S. protectionist trade measures, effective April 10th. This escalation in the …
Dry Weekly Market Monitor: US Dry Bulk Flows (Grain Vs Coal) Read More »
“During the first quarter of 2025, Russian oil exports have fallen 6% year-on-year. Clean tanker exports were down 13% while dirty tanker exports fell 4%. Despite the fall, it appears that exports have mostly been unaffected by the recent sanctions,” s…
Russian seaborne oil exports fall 6%, but remain largely unaffected by new sanctions Read More »