Capesize The gains in the Capesize timecharter average from last week were reversed, with the 5TC closing at $27,331 on Friday—down $4,425 week-on-week. The surge in the North Atlantic paused, with fronthaul rates settling thick below $50,000 and the t…
Dry Bulk Market: Capesizes Endure Hard Week of Downside Read More »
With the focus over the past few years being the rise of China’s shipbuilding industry and Korea’s response to it, Japan has seen its place among the leading shipbuilding nations waning. However, this could be set for a shift sooner than later. In a re…
Is Japan’s Shipbuilding Industry on a Comeback Run? Read More »
LNG shipping is undergoing a rapid fleet expansion, with a stacked delivery schedule extending until 2027. The fleet growth will keep shipping rates under pressure in 2025-26, with rebalancing likely from 2027 as massive liquefaction capacities (with o…
Will there be enough LNGCs by 2030? Read More »
The global coal market is on the cusp of an extraordinary shift, preparing for what the International Energy Agency (IEA) in its Coal Mid-Year Update 2025 describes as “an unprecedented occurrence in this century”: a second consecutive year…
Beyond peak coal trade Read More »
Vessel is part of legacy fleet from Diamond S Shipping and previously owned by Cido Shipping
International Seaways reported to have sold older MR tanker Read More »