The ocean takes center stage on World Maritime Day 2025, as the IMO celebrates how the industry is stepping up action to protect the ocean.This year’s World Maritime Day, observed globally on 25 September, focuses on the sector’s impact on the marine e…
World Maritime Day 2025 Focuses on Marine Environment Read More »
Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port fees aimed at countering China’s maritime dominance, a new report from the Center for…
Chinese Shipyard Orders Strong Despite US Port Fees Read More »
Trio of vessels will spend three years carrying out subsea inspections for Petrobras
DOF Group scores $400m in offshore vessel deals in Brazil Read More »
The VLCC tanker market has shown significant strength over the past couple of weeks. In its latest weekly report, shipbroker Xclusiv said that “the VLCC market has shifted gears in September. On our Baltic series, the benchmark rose from about USD 45,1…
VLCC Market Firing on All Cylinders Read More »
Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal Mid-Year Update 2025 (July, 2025), consumption is expected to plateau at similar levels in 2025, reflecting a critical shift. In …
Is coal trade entering a turning point? Read More »