Nanjing Tanker predicts fall of 55% in 2025 first half net profit
A slump of 49.36% in freight rates was main cause of profit fall
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July 2025
Capesizes pulling away from sub-cape bulkers as outlooks hit a fork in the road
The only way is up for larger bulkers, but earnings for smaller sizes are still under pressure
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Great Lakes Iron Ore Trade Down in June
Shipments of iron ore on the Great Lakes totaled 4.9 million tons in June, a decrease of 9.6% from 2024. Shipments were 1.2% below the month’s five-year average.Year-to-date the iron ore trade stands at 16.6 million tons, a decrease of 16.1% compared t…
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First Order for Everllence 175D Dual-Fuel Methanol Engine
Everllence has announced the first order for its 175DF-M (dual-fuel methanol) engine for a superyacht currently under construction by an undisclosed European shipyard.Everllence’s scope of supply covers 2 × 12V175DF-M and 1 × 16V175DF-M variable-speed …
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Rainbow Warrior Remembered 40 Years After Bombing
A dawn ceremony has been held in Auckland, New Zealand, to commemorate the 40th Anniversary of the bombing of the original Rainbow Warrior.On July 10, 1985, French Government agents used two bombs to sink the Rainbow Warrior at Marsden Wharf in Aucklan…
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